EUR/USD continues its path higher

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Positions Today Yesterday % Change
Longs 60% 60% 0.00%
Shorts 40% 40% 0.00%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Sell Sell Sell
SAR (0.02; 0.2) Buy Sell Sell
Aggregate

The chart of the EUR/USD has not changes much since Thursday. Namely, the same patterns remain active. 

The currency exchange rate is continuing its surge, as new high levels are booked in the medium scale ascending channel pattern. However, there is one new notable aspect.

It was spotted on Friday morning that the 1.17 mark is providing psychological support to the Euro against the Greenback.  

Meanwhile, the same target of 1.1760 is aimed at.

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