| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 33% | 36% | -10.3% |
| Shorts | 67% | 64% | 5.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Neutral | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
On Thursday, the EUR/USD currency pair tried to surpass the resistance level formed by the weekly R1 at 1.1028. During today's morning, the pair was trading near the given resistance.
[/ANNOUNCE]If the given resistance level holds, it is likely that a reversal south could occur in the nearest future. However, note that the exchange rate might get support of the 55– and 100-hour SMAs, currently located circa 1.0990. it is unlikely that the rate could drop lower than the 200-hour SMA at 1.0969.
Otherwise, it is likely that the European Common Currency could exceed the given resistance level and re-test the upper boundary of the medium-term ascending channel circa 1.1040. It is unlikely that a breakout north could occur due to the resistance level—the monthly R1 at 1.1045.