Published: 2026-11-12T02:36:22.000Z
Chart USD/SGD Update: Higher in consolidation
1
Consolidation around the 1.2800 level has given way to push higher to reach resistance at the 1.2850 congestion
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2950 | * | congestion | S1 | 1.2800 | * | congestion |
| R3 | 1.2900/10 | ** | congestion, channel | S2 | 1.2762/50 | ** | 22 Oct low, congestion |
| R2 | 1.2872/75 | ** | Oct high, 14 Jul low | S3 | 1.2700 | * | congestion, 2025 yr low |
| R1 | 1.2850 | * | congestion | S4 | 1.2680 | * | Aug low |
Asterisk denotes strength of level
02:30 GMT - Consolidation around the 1.2800 level has given way to push higher to reach resistance at the 1.2850 congestion. Above here will see room to retest strong resistance at the 1.2872/75 area where reaction can be expected. Clearance here will see scope to the 1.2900/10 congestion and channel resistance from November 2025 high. Meanwhile, support is raised to the 1.2800 congestion which should underpin. Would take break here to return focus to the downside for retest of the 1.2762/50 support area.