| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 33% | 31% | 6.5% |
| Shorts | 67% | 69% | -3.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Buy | Neutral |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
On Wednesday, the EUR/USD currency pair declined to the lower boundary of the medium-term ascending channel at 1.1112. During today's morning, the pair was testing the given channel.
From a theoretical point of view, it is likely that a reversal south could occur in the nearest future. In this case, the exchange rate could face resistance of the 55– and 100-hour SMAs, as well the monthly PP in the 1.1150 area.
However, if the given channel does not hold, a breakout south could occur in the nearest future. In this case the currency pair could target the psychological level at 1.1080.