| Positions | Today | Yesterday | % Change | |
| Longs | 38% | 42% | -10.53% | |
| Shorts | 62% | 58% | 6.45% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇗ | ⇑ | |
The common European currency was driven by substantial upside risks on Thursday, as it appreciated 121 pips during the given session.
This bullish momentum allayed when the rate breached the weekly R1 at 133.85; it, however, was still able to edge slightly higher up to the 134.20. This mark is located near a 2016/2017 high of 134.60 which has stopped the pair from appreciation on two occasions already this year.
It is likely that the rate tries to reach this mark during the remaining hours of this trading week and then reverse back south.
In case this scenario does not occur, the Euro is expected to approach a support cluster formed by the weekly PP and the 55-hour SMA circa 133.10. It should bounce off this area and subsequently remain between 133.10 and 134.60.