Published: 2026-10-21T02:01:47.000Z
Chart USD/SGD Update: Consolidating, room for further losses later
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Steadied at 1.2765 low as prices consolidate sharp losses from the 1.2872 high of last week
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2900 | * | congestion | S1 | 1.2750 | ** | congestion |
| R3 | 1.2875 | ** | 14 Jul high | S2 | 1.2700 | * | congestion, Jul 2025 yr low |
| R2 | 1.2850 | * | congestion | S3 | 1.2680 | * | Aug low |
| R1 | 1.2800/25 | * | congestion | S4 | 1.2650 | * | congestion |
Asterisk denotes strength of level
02:00 GMT - Steadied at 1.2765 low as prices consolidate sharp losses from the 1.2872 high of last week. Bearish momentum from the latter suggest this giving way to renewed selling pressure later to retrace gains from the 1.2630 low of September. Lower will see room towards strong support at 1.2750 congestion. Below this will see room for deeper pullback to the 1.2700/1.2680 area. Meanwhile, resistance remains at the 1.2800/25 congestion and 5th October high which is expected to cap and sustain losses from the 1.2872, 14 October high.