| Positions | Today | Yesterday | % Change | |
| Longs | 43% | 29% | 32.56% | |
| Shorts | 57% | 71% | -24.56% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Buy | Buy | Sell | |
| Alligator (13; 8; 5) | Neutral | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇒ | ⇑ | ⇒ | |
The Euro managed to breach the descending channel early on Friday and reach the 200-hour SMA at 133.20. This level, however, provided a strong resistance and consequently the pair did another breakout—this time from the short-term ascending wedge.
This movement, together with the subsequent rebound mid-Monday, was expected, as the rate did not deviate from common theoretical assumptions regarding breakouts.
The rate is testing the 100-hour SMA and the 38.2 Fibonacci retracement, thus showing willingness to rebound from the upper channel line—a scenario likewise supported by intraday and daily technical indicators.
The upside limit could be the 200-hour SMA circa 133.10; however, the rate might not edge that high, but trade somewhat sideways between the 100– and 200-hour SMAs.