| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 53% | 51% | 4.2% |
| Shorts | 47% | 49% | -4.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇗ |
During Thursday morning hours, the EUR/USD currency pair broke the upper line of the medium-term descending channel.
It is likely that the exchange rate could gain support from the 55-, 100– and 200-hour moving averages in the 1.2110/1.2135 area and trade upwards in the short term. The rate could target the weekly R1 at 1.2185.
However, if the given support does not hold, a reversal south could occur in the nearest future. In this case the currency pair could re-test the psychological level at 1.2080.