| Positions | Today | Yesterday | % Change | |
| Longs | 39% | 43% | -10.26% | |
| Shorts | 61% | 57% | 6.56% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Sell | Buy | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇗ | ⇒ | |
After rebounding from the upper boundary of the descending channel, the common European currency entered a minor consolidation period slightly above the monthly PP at 132.24.
Further gains on Tuesday morning were limited by the 38.2% Fibonacci retracement. This level together with the 100– and 55-hour SMAS, however, were eventually breached, thus leaving the rate between this area and a resistance cluster formed by the 200-hour SMA and the weekly PP circa 133.00.
Technical oscillators suggest that the latter could work as a reversal point for the Euro, given than no surprises affect the market. Even though the aforementioned trading range is relatively narrow, the rate needs considerable force to breach any of the barriers; thus, it is likely that the pair trades sideways prior to edging lower.