| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Neutral |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The AUD/SGD currency pair has been trading within a rising wedge pattern since the end of April.
From a theoretical point of view, it is likely that a breakout south from the given pattern could occur within the following trading sessions. In this case the exchange rate could gain support from the monthly PP at 0.9020.
On the other hand, the currency pair could remain supported by the 55-, 100– and 200-hour SMAs and continue to trade upwards.