Published: 2025-10-27T02:27:26.000Z
Chart USD/SGD Update: Consolidating test of 1.3000 resistance
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Little change, as prices settled back in consolidation from test of the 1.3000 level
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3129 | * | May high | S1 | 1.2950 | * | Sep high, congestion |
| R3 | 1.3100 | * | 38.2% Jan/Jul fall | S2 | 1.2917/00 | ** | 17 Oct low, congestion |
| R2 | 1.3085 | * | 12 May high | S3 | 1.2860 | * | congestion |
| R1 | 1.3000/18 | ** | Aug, 14 Oct highs | S4 | 1.2800 | * | congestion |
Asterisk denotes strength of level
02:20 GMT - Little change, as prices settled back in consolidation from test of the 1.3000 level. Daily studies have turned mixed and suggest consolidation here likely to extend. Would take break here and the 1.3018 high to confirm a double bottom at the 1.2712/00 September/July lows and see room for stronger gains to retrace the January/July losses. Meanwhile, support is raised to the 1.2950 congestion and extending to the 1.2917 low of last Friday which now underpin. Break here will return focus to the downside to retrace gains from the 1.2712, September low.