Published: 2026-06-15T02:21:28.000Z
Chart USD/SGD Update: Room to extend losses
-
Extending rejection from the 1.2900/30 resistance towards support at the 1.2800 congestion
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2930 | ** | 31 Mar YTD high | S1 | 1.2800 | * | congestion |
| R3 | 1.2918 | ** | 8 Jun high | S2 | 1.2750 | ** | 29 May low |
| R2 | 1.2900 | * | congestion | S3 | 1.2700 | ** | 2025 yr low, congestion |
| R1 | 1.2850 | * | congestion | S4 | 1.2650 | ** | May low |
Asterisk denotes strength of level
02:15 GMT - Extending rejection from the 1.2900/30 resistance and break of support at 1.2836 May high has seen deeper pullback towards support at the 1.2800 congestion. Daily studies are extending pullback from overbought areas and suggest scope for break here to open up room to strong support at 1.2750/1.2700, the 29 May low and 2025 year low. Meanwhile, resistance is lowered to 1.2850 congestion which is expected to cap and sustain losses from the 1.2918 high of last week.