| Positions | Today | Yesterday | % Change | |
| Longs | 61% | 60% | 1.64% | |
| Shorts | 39% | 40% | -2.56% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
The European Single Currency appreciated 0.04% against the US Dollar since Tuesday's session. On Wednesday morning, the currency pair was located between the 55-hour and the 100-hour SMAs at the 1.1494 mark.
In regards to the near-term future, most likely, the European Single Currency will trade sideways due to the resistance of the 200-hour SMA and the support of the monthly S1 at the 1.1482 mark. The rate should stay at the 1.1500 level during the day.
However, the 200-hour SMA could resist the currency exchange pair to pass through the monthly S1 to trade near the 50.00% Fibo on Wednesday.