| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 28% | 26% | 9.1% |
| Shorts | 72% | 74% | -3.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
On Tuesday, the EUR/USD currency pair declined to the monthly R1 at 1.1246. During today's morning, the pair was trading at 1.1260.
Note that the exchange rate is pressured by the 55-, 100 and 200-hour SMAs near 1.1300. Thus, it is likely that some downside potential could prevail, and the rate could decline to the support area formed by the Fibo 38.20% and the weekly S1 in 1.1172/1.1200.
However, if the monthly R1 holds, it is likely that the Euro could trade sideways against the US Dollar within the following trading session.