| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
The CHF/SGD currency pair has been consolidating within the symmetrical triangle pattern since the middle of March.
From a theoretical perspective, it is likely that the currency pair could trade sideways within the given pattern until the middle of April. Then, the pair could gain support from the 200-period SMA and breach the given pattern north.
It is unlikely that bears could prevail in the market, and the Swiss Franc could decline below the support level formed by the Fibo 38.20% and the monthly S2 near the 1.4000 area.