| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 66% | 63% | 4.1% |
| Shorts | 34% | 37% | -7.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
On Monday, the Eurozone single currency declined by 32 pips or 0.27% against the US Dollar. The exchange rate tested a four-month low at 1.1730 during Monday's trading session.
By and large, the currency pair is likely to continue to edge lower in a descending channel pattern during the following trading session. The possible target for the EUR/USD pair will be near 1.1680.
However, the currency exchange rate might encounter support near the weekly S1 at 1.1712 within this session.