| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Neutral | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
Although the US Dollar recently rebounded against the Singapore Dollar, the currency pair is still set to decline in the long term.
The reason for that is the fact that the pair is still trading simultaneously in two descending channel patterns. The most junior pattern shown on the chart was discovered only recently, and it is now providing the opportunity to forecast approximate path of the currency pair in the near future. Until the end of October to be precise.
Meanwhile, the pair is also descending in a dominant pattern, which is aimed at the support line of a dominant channel up pattern, which is located in the zone from 1.3450 to 1.3500.