| Positions | Today | Yesterday | % Change | |
| Longs | 39% | 38% | 2.56% | |
| Shorts | 61% | 62% | -1.64% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Sell | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇒ | |
EUR/USD remained downwards-tended until mid-Friday when it reversed from the 100-hour SMA near 1.1740. By this morning, it has breached the 23.60% Fibo retracement, the monthly PP and the 55-hour SMA.
It seems that the rate might still edge higher in this session, with the upper limit being the weekly R1 and an upward-sloping trend-line circa 1.1870. Advance above this mark is not expected during the following two days, as the Euro is starting to diminish its trading range within a two-week channel up.
In terms of support, it is likely that bears lack the necessary strength to push the pair below its nearest support formed by the 100-hour SMA and the monthly and weekly PPs at 1.1760, especially if no significant data releases are scheduled for today.