| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 54% | 58% | -7.1% |
| Shorts | 46% | 42% | 8.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Sell |
| Alligator(13;8;5) | Sell | Buy | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇗ | ⇘ |
Note that the exchange rate is pressured by the 55-, 100- and 200-hour SMAs, currently located in the 107.89/108.04 range. Thus, it is likely that bears could prevail in the market, and the rate could target the weekly S1 at 107.21.
However, note that the currency pair has been trading within a descending channel since last Thursday. If the given trend holds, it is likely that the pair could reverse north from its lower line located in the 107.30/107.50 range.