| Positions | Today | Yesterday | % Change | |
| Longs | 42% | 41% | 2.38% | |
| Shorts | 58% | 59% | -1.72% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Sell | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇑ | |
Contrary to expectations, the common European currency managed to gather enough bullish momentum to dash through the 2016/2017 high of 134.48 mid-Wednesday. The nearby-located weekly R2 was likewise unable to limit further advance. As a result, the nearest northern barrier is the monthly R1 at 135.02.
Technical indicators are gradually starting to converge and decline from the overbought area. This suggests that the previously-expected fall could finally be due.
However, the 134.50 area provided reasonable support early in the morning when the Euro tried to breach it. Thus, a subsequent surge should not be excluded from possible scenarios. An ultimate upward limit in this case could be the weekly R3 at 135.32.