| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Neutral |
| Alligator (13; 8; 5) | Neutral | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
During the latest decline of the Greenback against the Singapore Dollar from one Fibonacci retracement level to another a falling wedge pattern was formed. Due to the fact that the currency exchange rate has encountered the support of the 38.20% Fibonacci retracement level at the 1.3785 level and a long term support line. It is still to be seen whether the pair continues lower or a rebound occurs. Most likely the future direction will be clear after the pair encounters the upper trend line of the falling wedge. If it is broken, the pair will begin to move up to the 50.00% Fibonacci retracement level at 1.3931. On the other hand another attempt to pass the support of the 38.20% level might occur.