| Positions | Today | Yesterday | % Change | |
| Longs | 34% | 35% | -2.94% | |
| Shorts | 66% | 65% | 1.52% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Sell | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇒ | ⇗ | |
Following a strong period of decline during the last trading sessions, bulls have managed to take control of the market. The dominance is likely to continue until the pair reaches the weekly pivot point at 0.744 mark.
Technical indictors all favor an upward movement. In addition, the 55—hour, 100—hour and the 200—hour SMA provides support near 0.73 mark, which helps bulls to take control of the pair.
Regarding the short-term trading, the pair is likely like to have a smooth journey upwards because the nearest significant resistance is provided by a previous high at the 0.744 mark.