| Positions | Today | Yesterday | % Change | |
| Longs | 39% | 38% | 2.56% | |
| Shorts | 61% | 62% | -1.64% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Sell | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇒ | |
As expected, the European common currency weakened against the US Dollar on Tuesday, pressured lower by the 23.60% Fibonacci retracement and a trend-line near 1.1750.
By Tuesday morning, the pair had returned near 1.1680 and was testing a strong support cluster formed by the weekly PP and the 55-, 100– and 200-period SMAs on the 1H and 4H time-frames.
If this significant support is breached, it should work as a strong bearish signal that should send the Euro down to the bottom trend-line and the weekly S1 at 1.1615 this week. Technical indicators are more in favour of this fall.
In case the aforementioned support remains intact, the next target would be the 1.1750 area or the weekly R1 at 1.1785.