| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The Australian Dollar has been depreciating gradually against the Singapore Dollar since the middle of August. This movement has been bounded in a descending triangle.
Assuming that this pattern is to hold intact for a couple of sessions, the Australian Dollar should gain momentum and aim for its upper line located near 1.0000. Then, most likely a breakout south should occur.
From a theoretical point of view, this breakout should be followed by a surge, at least in the short term. The nearest downside target is the monthly S3 at the 0.9914 mark.