| Positions | Today | Yesterday | % Change | |
| Longs | 48% | 52% | -8.33% | |
| Shorts | 52% | 48% | 7.69% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Neutral | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇒ | ⇒ | ⇘ | |
Upside risks prevailed in the market on Monday, thus allowing the currency pair to breached the 23.60% Fibonacci retracement level. The rate continued to be pressured by the 50-hour SMA.
Given that the exchange rate has moved past the 23.60% Fibo, it is likely that the price keeps moving upward for a potential at 130.46 which is a resistance cluster formed by the weekly and the monthly PPs.
In the meantime, it is expected for the common European currency to remained trading along the junior ascending channel until it reaches the upper boundary during the following trading session.