| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
The AUD/SGD currency pair has been trading within the falling wedge pattern since the beginning of February.
Currently, the exchange rate is testing the upper wedge line located circa 0.9610. From a theoretical point of view, it is likely that the pair reverses south within the following sessions and targets the lower channel line located circa 0.9500.
However, if given pattern does not hold, it is expected that a breakout north occurs in the nearest future. A possible upside target is the psychological level at the 0.9640 mark.