| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 44% | 47% | -5.4% |
| Shorts | 56% | 53% | 4.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇘ | ⇒ |
On Monday, the EUR/USD currency pair raised to the upper boundary of the short-term ascending channel circa 1.1795.
[/ANNOUNCE]From a theoretical point of view, it is likely that some downside potential could prevail in the market, as the exchange rate should re-test the lower channel line located in the 1.1730/1.1745 area.
If the given channel holds, it is likely that a reversal north could follow. Otherwise, the rate could break the predetermined channel and decline to the support formed by the weekly PP, the Fibo 61.80% and the 200-hour SMA circa 1.1700.