Published: 2026-08-06T02:14:51.000Z
Chart USD/SGD Update: Leaning lower in consolidation
1
Under pressure, as consolidation above the 1.2805 support gives way to selling pressure as resistance at the 1.2836/50 area caps
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2930 | ** | Mar high, congestion | S1 | 1.2805 | * | 15 Jun low |
| R3 | 1.2900 | * | congestion | S2 | 1.2790 | * | 3 Jul low |
| R2 | 1.2875 | ** | 14 Jul low | S3 | 1.2750 | * | congestion |
| R1 | 1.2836/50 | * | May high, congestion | S4 | 1.2700 | ** | congestion, 2025 yr low |
Asterisk denotes strength of level
02:10 GMT - Under pressure, as consolidation above the 1.2805 support gives way to selling pressure as resistance at the 1.2836/50 area caps. Daily and weekly studies are tracking lower and below the 1.2805/00 area expose the 12790 low to retest. Below this will see deeper pullback to retrace gains from the May low and see room to 1.2750 congestion then 1.2700 level and 2025 year low. Meanwhile, resistance at the 1.2836/50 congestion area is expected to cap. Only above will see room for stronger corrective bounce to the 1.2875 mid-July low.