Published: 2025-10-06T02:35:37.000Z
Chart USD/SGD Update: Focus return to 1.2950 high
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Turned up in consolidation from the 1.2860 support and regaining the 1.2900 level sets up scope for retest of the 1.2950, September high
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3100 | * | 38.2% Jan/Jul fall | S1 | 1.2900 | congestion | |
| R3 | 1.3085 | 12 May high | S2 | 1.2860 | * | 22 Sep high | |
| R2 | 1.3000/10 | ** | Aug high, Apr low | S3 | 1.2815/00 | ** | 23 Sep low, congestion |
| R1 | 1.2950 | ** | Sep high, congestion | S4 | 1.2745 | * | 24 Jul low |
Asterisk denotes strength of level
02:30 GMT - Turned up in consolidation from the 1.2860 support and regaining the 1.2900 level sets up scope for retest of the 1.2950, September high. Break here will further extend gains from the 1.2712 low and return focus to the 1.3000, August high. Clearance here will confirm a double bottom at the 1.2712/1.2700 lows and see room for stronger gains to retrace the January/July losses. Meanwhile, support at the 1.2900/1.2860 area should underpin and sustain gains from the September low.