| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Buy | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The Swiss Franc has been depreciating against the Singapore Dollar since the end of December when the exchange rate reversed south from the upper boundary of the falling wedge pattern at 1.3970.
As apparent on the chart, the currency rate has already tested the lower pattern line at 1.3514. From a theoretical point of view, upside potential should prevail in the market in the nearest future as the pair should target the upper wedge line located in the 1.3750/1.3800 range. Important resistance level to look out for is the Fibonacci 38.20% retracement at 1.3672.
However, if given pattern does not hold, a breakout south occurs soon. A possible downside target is the Fibonacci 0.00% retracement at 1.3311.