Published: 2026-05-26T02:25:56.000Z
Chart USD/SGD Update: Room for deeper pullback from 1.2836 high
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Leaning lower from the 1.2836 high as prices retrace gains from the 1.2650 low of 7 May
| Level | Comment | Level | Comment | ||||
|---|---|---|---|---|---|---|---|
| R4 | 1.2900 | * | congestion | S1 | 1.2750 | * | congestion |
| R3 | 1.2850 | * | congestion | S2 | 1.2735 | * | 13 May high |
| R2 | 1.2836 | ** | 19 May high | S3 | 1.2700 | ** | congestion |
| R1 | 1.2800 | * | congestion | S4 | 1.2650 | ** | 7 May low |
Asterisk denotes strength of level
02:25 GMT - Leaning lower from the 1.2836 high as prices retrace gains from the 1.2650 low of 7 May. Daily studies have turned down from overbought areas and suggest scope for deeper pullback to support at the 1.2750/35 congestion area. Break here will return focus to the downside and see scope for retest of the 1.2700 level and 1.2650 low. Meanwhile, resistance is lowered to the 1.2800 level which is expected to cap and sustain rejection from the 1.2836 high and the broader losses from 1.2930 March current year high.