| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 41% | 38% | 6.1% |
| Shorts | 59% | 62% | -4.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
On Monday, the EUR/USD currency pair remained to trade below 1.1860. During today's morning, the pair was testing the lower line of the medium-term ascending channel near 1.1800.
It is likely that a breakout south could occur in the nearest future, as the exchange rate is pressured by the 55– and 100-hour SMAs near 1.1830. Note that the rate could gain support from the weekly and monthly S1s, as well the Fibo 61.80% in the 1.1707/1.1767 range.
However, if the given channel holds, it is likely that a reversal north could occur in the short run. In this case the pair could face the resistance formed by the weekly and monthly PPs, as well the 200-hour SMA in the 1.1870 area.