| Positions | Today | Yesterday | % Change | |
| Longs | 54% | 35% | 35.19% | |
| Shorts | 46% | 65% | -41.30% | |
| 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) | Neutral | Neutral | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
The common European currency was dominated by upside risks on Tuesday in the result of which it surged up to the bottom boundary of the previously-breached ascending channel near 132.80.
This area—likewise reinforced by the combined resistance of the weekly and monthly PPs—proved to be a stopping point for the pair. Thus, it was stranded in a narrow range between the aforementioned pivot points and the 100-hour SMA by mid-Wednesday.
Both levels provide a strong barrier; however, it is more likely that the pair surrenders under the pressure of its resistance and thus trades lower.
The downside limit could either the 55-hour SMA or its seven-week low at 132.00 and 131.50, respectively.