| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Buy | Buy | Neutral |
| Stochastic (5; 3) | Neutral | Buy | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The Australian Dollar has been appreciating against the Singapore Dollar since the beginning of December after the pair reversed from the upper boundary of the falling wedge.
As apparent on the chart, the currency pair is testing the lower wedge line located near 0.9700. From the theoretical point of view, a reversal north occurs in the nearest future, and the rate targets the upper wedge line near the 1.0000 mark.
Technical indicators suggest that the exchange rate is in the oversold zone, thus, if given wedge does not hold, a breakout north might occur within following sessions. Potential upside target is the psychological level at 1.0100.