Published: 2026-07-07T02:14:06.000Z
Chart USD/SGD Update: Under pressure
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Limited on bounce attempt as rejection from the 1.2930 March high threatens retest of support at 1.2900 congestion
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.3050 | * | congestion | S1 | 1.2900 | * | congestion |
| R3 | 1.3000 | ** | figure, congestion | S2 | 1.2850 | * | congestion |
| R2 | 1.2990 | ** | Jun YTD high | S3 | 1.2836 | ** | May high |
| R1 | 1.2930 | * | Mar high | S4 | 1.2805/00 | ** | 15 Jun low, congestion |
Asterisk denotes strength of level
02:10 GMT - Limited on bounce attempt as rejection from the 1.2930 March high threatens retest of support at 1.2900 congestion. Daily studies are tracking lower from overbought areas and highlight scope for break here to extend losses from the 1.2900 June current year. Break will see room for extension to strong support at the 1.2850/36 congestion and May high. Lower still, will see scope to the 1.2805/00 area. Meanwhile, resistance at the 1.2930/50 congestion and March high is expected to cap and sustain pullback from the 1.2985 high and channel resistance.