| Positions | Today | Yesterday | % Change | |
| Longs | 53% | 54% | -1.89% | |
| Shorts | 47% | 46% | 2.13% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Neutral | Sell | Neutral | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇓ | ⇗ | |
Even though the Greenback was tended southwards on Thursday, it remained stranded between the monthly S2 and the 200-, 55– and 100-hour SMAs for the whole session.
The pair was testing the 100-hour SMA and the bottom boundary of a short-term channel circa 110.80 at the time of this analysis. From theoretical point of view, the US Dollar should pick up speed and approach the long-term moving average.
This assumption, however, is not supported by technical indicators that suggest a strong decline. This scenario is likely to occur if the 110.80 area is breached. A subsequent fall, however, should not exceed the 110.20 mark where the monthly S2 and the weekly S1 are located.
Meanwhile, the upside target for today is the 111.50 mark.