| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 33% | 31% | 5.0% |
| Shorts | 67% | 69% | -2.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
On Monday, the EUR/USD currency pair tested the resistance provided by the 55-hour moving average at 1.1031. During today's morning, the pair reversed south.
Note that the exchange rate is also pressured by the 100-hour moving average, currently located at 1.1047. Thus, it is likely that some downside potential could prevail in the market, and the rate could target the psychological level at 1.1000.
On the other hand, it is likely that the Euro could maintain its consolidation against the US Dollar at the 1.1020 mark in the nearest future. Also, it is unlikely that bulls could prevail, and the pair could surpass the resistance level formed by the weekly and monthly PPs at 1.1070.