| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 31% | 32% | -5.8% |
| Shorts | 69% | 68% | 2.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
On Tuesday, the EUR/USD currency pair tried to surpass the resistance level formed by the weekly R1 at 1.1078. During today's morning, the was trading at the 1.1060 mark.
Note that the exchange rate is supported by the 100-hour moving average, currently located at 1.1053. Thus, it is likely that some upside potential could prevail in the market, and the rate could surpass the 1.1090 level.
However, if the given resistance holds, it is likely that the Euro could continue to consolidate against the US Dollar in the short run. Also, it is unlikely that bears could prevail, and the pair could drop lower than the weekly PP at 1.1034.