| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 28% | 29% | -3.2% |
| Shorts | 72% | 71% | 1.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Buy | Neutral |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇑ | ⇒ |
During Tuesday, the EUR/USD currency pair traded sideways between the support level—the weekly S3 at 1.1275 and the resistance level formed by the weekly S2 and monthly PP located circa 1.1310.
[/ANNOUNCE]Note, that the exchange rate is pressured by the 55-hour moving average, currently located at 1.1302. If the given resistance hold, some downside potential could prevail in the market. In this case, the rate could re-test the lower boundary of the short-term descending channel located in the 1.1240/1.1260 range.
However, if the given support level holds, a reversal north could occur within the following trading hours, and the pair could re-test the given resistance. It is unlikely, the pair could exceed the 1.1340 mark due to the resistance formed by the 100– and 200-hour SMAs, as well the monthly S1.