| Positions | Today | Yesterday | % Change | |
| Longs | 63% | 62% | 1.59% | |
| Shorts | 37% | 38% | -2.70% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Sell | Buy | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇓ | ⇒ | ⇒ | |
Following a rebound from the bottom line of a short-term channel, the US Dollar resumed its movement south.
Neither of the three moving averages worked effectively at halting this move, thus allowing the rate to test 1.2450 mid-Thursday. Subsequently, the rate started to recover slightly by trading sideways.
It is apparent on the chart that the lower boundary of the senior channel was not reached, thus suggesting that the rate could still edge lower. However, it is yet to be seen if this occurs in this session.
It is more likely that the rate continues to recover some of its lost positions and tests a combined resistance of all three SMAs circa 1.25.
This could be a turning point that should eventually guide the Greenback towards the lower channel boundary and the weekly S1 circa 1.2420.