Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 27% | 27% | 0.5% |
Shorts | 73% | 73% | -0.2% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Sell |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Sell | Neutral |
Alligator(13;8;5) | Buy | Buy | Sell |
SAR(0.02;0.2) | Sell | Buy | Buy |
Aggregate | ⇒ | ⇗ | ⇒ |
Yesterday, the EUR/USD currency pair declined to the lower boundary of the short-term ascending channel at 1.1355. During Wednesday's morning, the pair was testing the given line.
Note, that the exchange rate is supported by the 100-hour moving average, currently located at 1.1352. Thus, it is unlikely, that a breakout south from the channel could occur.
It is expected, that a reversal north should occur within the following trading sessions. In this case, the rate has to surpass the 55-hour SMA at the 1.1383 mark. A possible upside target is the resistance level—the monthly R3 at 1.1412.