EUR/USD falls to 1.1340

Note: This section contains information in English only.
Source: Dukascopy Bank SA
 Positions Today Yesterday Change
 Longs 32% 31% 3.4%
 Shorts 68% 69% -1.6%
       
 Indicator 4H 1D 1W
 MACD(12;26;9) Sell Sell Sell
 RSI(14) Buy Neutral Neutral
 Stochastic(5;3;3) Buy Buy Neutral
 Alligator(13;8;5) Sell Sell Sell
 SAR(0.02;0.2) Sell Buy Buy
 Aggregate

On Thursday morning, the currency exchange rate was located at the 1.1345 mark. 

In regards to the near-term future, it is expected that the European Single Currency will continue depreciating against the US Dollar to the weekly S2 at the 1.1330 mark. Moreover, most likely, the rate will pass the support level of the weekly S2 to bounce off the small pattern line at the 1.1320 mark. 

However, the rate could be retraced by the weekly S2 to stay at the 1.1340 level for the rest of the trading day.

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