Published: 2026-05-29T15:39:14.000Z
Chart USD/SGD Update: Room for lower
2
Little change, as choppy trade remains focused on congestion support at 1.2750
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2900 | * | congestion | S1 | 1.2750 | * | congestion |
| R3 | 1.2850 | * | congestion | S2 | 1.2735 | * | 13 May high |
| R2 | 1.2836 | ** | 19 May (w) high | S3 | 1.2700 | ** | congestion |
| R1 | 1.2800 | * | congestion | S4 | 1.2650 | ** | 7 May low |
Asterisk denotes strength of level
16:30 BST - Little change, as choppy trade remains focused on congestion support at 1.2750. Daily stochastics and the daily Tension Indicator are falling, highlighting room for a test beneath here. But rising weekly charts should limit any immediate break in renewed consolidation above further congestion around 1.2700. Meanwhile, resistance remains at 1.2800. However, a close above the 1.2836 weekly high of 19 May is needed to turn sentiment positive and extend early-May gains towards 1.2850.