EUR/USD surpassed 1.1115

Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs29%28%2.3%
Shorts71%72%-0.9%
Indicator4H1D1W
MACD(12;26;9)SellBuySell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)SellBuyNeutral
SAR(0.02;0.2)SellBuyBuy
Aggregate

On Thursday, the EUR/USD currency pair tried to surpass the psychological level at 1.1115. During today's morning, the pair surpassed the given level.

Note that the exchange rate is pressured by the 55-, 100– and 200-hour SMAs, currently located circa 1.1130. Thus, it is likely that some downside potential could prevail in the market.

On the other hand, the Euro could trade sideways against the US Dollar in the 1.1100 area within the following trading session. Also, it is unlikely that bulls could prevail, and the rate could exceed the weekly PP at 1.1126.

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