| Positions | Today | Yesterday | % Change | |
| Longs | 41% | 42% | -2.44% | |
| Shorts | 59% | 58% | 1.69% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Buy | |
| Alligator (13; 8; 5) | Neutral | Sell | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇘ | ⇑ | |
The common European currency was stranded between the 55– and 100-hour SMAs during the second half of Thursday. However, the northern barrier surrendered under the bullish pressure, as expected, and thus allowed the pair to test the 132.30 mark mid-Friday.
Even though there is still some upside potential, it is unlikely that bulls gather enough strength to move past the 200-hour SMA at 132.43 in this session. Thus, the base scenario favours the prevalence of the bearish sentiment.
It is likely, however, that the Euro maintains its current trading range between the 100– and 200-hour SMAs. In case the former is breached, the 55-hour SMA is also located nearby.