| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 64% | 59% | 8.5% |
| Shorts | 36% | 41% | -15.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
The Eurozone single currency declined by 41 pips or 0.35% against the US Dollar on Wednesday. The EUR/USD currency pair breached the weekly support level at 1.1801 during Wednesday's trading session.
As for the near future, the exchange rate could continue to decline in a downtrend channel. Bearish traders might target the 1.1760 area within the following trading session.
However, short traders could encounter support at 1.1780 within Thursday's trading session.