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Published: 2026-04-14T02:37:40.000Z

Chart USD/SGD Update: Weighing on 1.2730/00 support

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Rejection from the 1.2785 high see pressure returning to the strong support at the 1.2730/1.2700 area

 Level Comment Level Comment
R41.2930**31 Mar high          S11.2730*23 Mar low
R31.2900*Jan highS21.2700**19 Feb high, 2025 yr low
R21.2850*congestionS31.2650 congestion
R11.2785/00*13 Apr high, congestionS41.2600*congestion

Asterisk denotes strength of level

02:30 GMT - Rejection from the 1.2785 high see pressure returning to the strong support at the 1.2730/1.2700, 23 March low and congestion area. Daily studies are stretched but consolidation here is expected to give way to renewed selling pressure later to extend losses from the 1.2930, March current year high. Break of the 1.2700 support will see room for extension to the 1.2650/1.2600 congestion area and 1.2586, January YTD low. Meanwhile, resistance at the 1.2785/1.2800 congestion area is expected to cap.

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Topics
USD/SGD-TA
EM-Technical
Technical Analysis

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