| Positions | Today | Yesterday | % Change | |
| Longs | 49% | 54% | -10.20% | |
| Shorts | 51% | 46% | 9.80% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Buy | Neutral | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇗ | ⇒ | ⇑ | |
The movement of the European common currency during the past session has been guided by the 200-hour SMA, as the pair was unable to move away from the given moving average.
Its seems that the Euro might have set the upper channel boundary as an immediate target. However, given the fact that the line has not yet been confirmed, this assumption might be misleading.
Meanwhile, the Euro faces a significant support cluster formed by the monthly and weekly PPs and the 55-hour SMA circa 132.80. Thus, the narrow range in which the pair was trading mid-Friday is expected to surrender within the upcoming hours.
The base scenario favours the rate pushing for the aforementioned channel boundary in the 133.10 territory.