| Positions | Today | Yesterday | % Change | |
| Longs | 34% | 41% | -20.59% | |
| Shorts | 66% | 59% | 10.61% | |
| 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 | ⇗ | ⇗ | ⇑ | |
Following two sessions of minor consolidation, the Euro picked up some speed today and therefore approached a 2016/2017 high of 134.17 reached on December 21.
Technical indicators suggest that there is still some upside potential that could be limited by the weekly R3 or the monthly R1 located at 135.32 and 135.02, respectively.
Given that the pair has failed to accelerate during the previous trading sessions, it is likely that the bullish sentiment is eventually altered in favour of bears within this week.
On the other hand, a possible fall is likely to be hindered by the 55– and 100-hour SMAs circa 134.40. This barrier should eventually be breached, thus paving the way for a test of the 200-hour SMA.