EUR/USD broke Fibo 50.00%

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs34%37%-9.8%
Shorts66%63%5.0%
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuyBuyBuy
SAR(0.02;0.2)BuyBuyBuy
Aggregate

On Friday, the EUR/USD currency pair tested the 1.1440 level. During today's morning, the pair broke the Fibo 50.00% at 1.1454.

From the one hand, it is likely that some upside potential could prevail in the market. In this case the exchange rate could target the 1.1500/1.15200 area in the short run.

Meanwhile, note that the rate would have to target the weekly R1 at 1.1487. If the given level holds, it is likely that a reversal south could occur. Note that the pair could gain support from the 55– and 100-hour SMAs, as well the weekly PP and the monthly R1 in the 1.1400 area.

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