| Positions | Today | Yesterday | % Change | |
| Longs | 38% | 44% | -15.79% | |
| Shorts | 62% | 56% | 9.68% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇗ | |
Contrary to expectations, the strong downside pressure that dominated the Euro early on Thursday allayed and therefore paved the way for resumed appreciation.
The rate strived to reach the psychological resistance of 134.00, but halted short slightly below the given mark. As a result, the Euro breached the upper boundary of the descending triangle once again.
If looking at a short-term pattern, i.e., an ascending wedge, the pair failed to reach the upper boundary of this junior channel. This factor together with converging technical indicators suggest that the Euro might finally reverse to the downside.
Given that the weekly pivot points are to change on Monday, the nearest support of resistance is the 55-hour SMA circa 133.20 that could limit the pair from falling further.