| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 42% | 41% | 2.0% |
| Shorts | 59% | 59% | -1.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
On Friday, the EUR/USD currency pair declined to the lower boundary of the medium-term descending channel at 1.0945. During today's morning, the pair was trading near the given line.
From a theoretical point of view, it is likely that some upside potential could prevail in the market. In this case it is unlikely that the exchange rate could exceed the weekly PP at 1.0995.
However, note that the currency pair is pressured by the 55-hour SMA. Thus, the pair could decline along the lower channel line in the short run. If the given channel does not hold, the pair could go below 1.0920