| Positions | Today | Yesterday | % Change | |
| Longs | 41% | 39% | 4.88% | |
| Shorts | 59% | 61% | -3.39% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Neutral | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇗ | ⇒ | ⇗ | |
As it was expected, the currency exchange rate failed to bypass a combined support level set up by the weekly PP at 0.7895 in conjunction with the 200-, 100- and 55-hour SMAs. Accordingly, it made a rebound and started to move again in the upward direction to the weekly R1 at 0.7951.
A summary of technical indicators suggests that the pair will succeed to break though that pivot point and continue the surge. Most probably, this projection to certain extent is related to the fact that the currency rate has entered into a little ascending channel with two reaction lows and one reaction high.
If this pattern actually exists, the pair, indeed, might have a necessary strength to soar towards the weekly R2 at 0.8005, which will be updated on Monday. Unfortunately, the average market sentiment neither confirms, nor refutes the above scenario, as it is only 54% bullish.