| Indicator | 1H | 4H | 1D |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Buy |
| Stochastic (5; 3) | Buy | Sell | Buy |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
The Swiss Franc is trading in a channel down against the Singapore Dollar. The given formation was created when the rate bounced off the bottom boundary of a longer-term falling wedge and continued to move in the same range even after this patter was breached. From theoretical point of view, the Franc should have appreciated after the breakout; however, given the chaotic nature of the pair's movement in the wedge, bulls could not to prevail. The pair is currently stranded from the upside by the 55– and 100-hour SMAs and the 100% Fibonacci extension line (drawn from the July high). In short-term, the rate is expected to test the upper channel boundary, which is reinforced by the 200-hour SMA circa 1.4050. Subsequently, the pair may trade even higher, taking into account technical indicators which suggest that a further momentum north is a likely option.