| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Buy |
| Stochastic (5; 3) | Sell | Sell | Neutral |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
Following a rebound from the 2016/2018 low of 1.3027 and the bottom boundary of a long-term descending channel on January 25, the US Dollar began a period of recovery against the Singapore Dollar. As a result, it breached the upper boundary of a three-month channel, but nevertheless remained located near this line.
The pair's failure to accelerate from the breached channel suggests that bulls might not yet be strong enough to push the pair higher.
Thus, it could continue trading in line with the dashed short-term channel down to the 1.3150 mark. The 200-hour SMA and the weekly PP are expected to support this area, thus allowing the Greenback to reverse and start a new wave up. A possible upside target for the following two weeks could be the monthly R1 at 1.3340.