| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 32% | 32% | 2.2% |
| Shorts | 68% | 68% | -1.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
On Wednesday, the EUR/USD currency pair traded down, trying to surpass the psychological level at 1.1150. During today's morning, the pair declined to the lower boundary of the short-term descending channel located circa 1.1137.
Note, that the rate is pressured by the 55– and 100-hour SMAs, currently located circa the 1.1160 mark. Thus, is unlikely, that a reversal north could occur in the following hours.
From the one hand, the exchange rate could countinue to decline, trading along the lower channel line in the 1.1135/1.1130 range. However, if the given channel does not hold, it is likely, that the rate could decline to the 2018/2019 minimum at 1.1124.