| Positions | Today | Yesterday | % Change | |
| Longs | 25% | 29% | -16.00% | |
| Shorts | 75% | 71% | 5.33% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Sell | Sell | Sell | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
Despite being driven by a solid upside momentum for the last two trading days, the Euro managed to push past the two-year high at 133.30 towards the 134.00 area. As a result, the upper boundary of the ascending channel was shifted north to include the pair's latest peak.
Even though technical indicators signalled to a possible reversal on Monday, the Euro succeeded at maintaining them in a relatively stable position. Meanwhile, trend indicators demonstrate the weakening of the bullish up-trend. This suggests that the expected reversal might finally occur in this session, as doubts about the rate's ability to push above this two-and-a-half year peak is increasing.
The nearest support is set by the 55-hour SMA, while the 100-hour SMA located near the bottom channel boundary could provide a stronger barrier.