| Positions | Today | Yesterday | % Change | |
| Longs | 45% | 51% | -13.33% | |
| Shorts | 55% | 49% | 10.91% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇓ | ⇑ | |
The Euro has been fluctuating around the 132.00 mark for the third consecutive session. During this time, the pair has been likewise stranded between the 100– and 200-hour SMAs and the two-month low of 131.55.
Even though technical indicators flash strongly bearish signals, it is likely that the 132.10 area, reinforced by the aforementioned SMAs and the weekly PP, is re-tested once again.
Given the strength of this resistance cluster, the rate might be hindered and thus continue its consolidation period for several hours, maybe even until the end of this trading week.
In general, the senior descending channel should be breached within the upcoming three or four trading sessions and a surge should consequently follow.