| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 38% | 37% | 0.3% |
| Shorts | 62% | 63% | -0.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
During Wednesday morning hours, the EUR/USD currency pair skyrocketed to 1.2210.
It is likely that the exchange rate face the resistance level formed by the weekly R2 at 1.2222. Thus, a reversal south could occur in the nearest future. Note that the rate could gain support from the 55-, 100– and 200-hour SMAs, as well the weekly R1 in the 1.2130/1.2170 range.
If the predetermined support area holds, the currency pair could reverse north. Otherwise, the pair could decline to the weekly PP located at the 1.2114 mark.