Published: 2026-08-21T02:27:08.000Z
Chart USD/SGD Update: Under pressure
1
Steadied at the 1.2700 level as prices consolidate recent losses from the 1.2800 level
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2850 | * | congestion | S1 | 1.2700 | ** | congestion, 2025 yr low |
| R3 | 1.2836 | ** | May high | S2 | 1.2650 | ** | May low |
| R2 | 1.2800 | * | congestion | S3 | 1.2615/05 | * | Feb lows |
| R1 | 1.2750/67 | * | congestion, 7 Aug low | S4 | 1.2586 | ** | 28 Jan YTD low |
Asterisk denotes strength of level
02:20 GMT - Steadied at the 1.2700 level as prices consolidate recent losses from the 1.2800 level. However, pressure building on the downside and see scope for break here to extend the broader losses from the 1.2990 June current year high. Lower will see room for retest of the 1.2650 May low where reaction can be expected. Below here will turn focus to the 1.2600 level and the 1.2586, January YTD low. Meanwhile, recent lows at 1.2750/67 now turned resistance is expected to cap and limit immediate corrective bounce.