| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 32% | 33% | -4.9% |
| Shorts | 68% | 67% | 2.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Sell |
| Stochastic(5;3;3) | Neutral | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The EUR/USD currency pair bounced off the resistance level at 1.2340 and dropped below 1.2260.
It is likely that the exchange rate could face the support level –the weekly PP at 1.2236. If the given level holds, the rate could reverse north to re-test the predetermined resistance level.
Meanwhile, note that the currency pair would have to exceed the 55– and 100-hour SMAs, as well the weekly R1 in the 1.2280/1.2300 range. If the given area holds, some downside potential could continue to prevail.