EUR/USD surpassed 1.1050

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs36%38%-4.7%
Shorts64%62%2.7%
Indicator4H1D1W
MACD(12;26;9)BuyBuySell
RSI(14)SellSellNeutral
Stochastic(5;3;3)NeutralSellNeutral
Alligator(13;8;5)BuyNeutralSell
SAR(0.02;0.2)BuyBuySell
Aggregate

On Friday, the EUR/USD currency pair tried to surpass the 1.1050 level. During today's morning, the pair raised to the 1.1100 level.

On the one hand, it is likely that some upside potential could prevail in the market. In this case the exchange rate would have to surpass the weekly and monthly R1s in the 1.1120/1.1160 area.

If the given resistance holds, it is likely that a reversal south could occur in the nearest future. In this case the currency pair could gain support of the 55-hout SMA near 1.1000.

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