| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 27% | 27% | -0.4% |
| Shorts | 73% | 73% | 0.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇘ |
On Monday, the EUR/USD currency pair tried to surpass the resistance formed by a combination of the weekly PP and the 100-hour SMA at 1.1266.
Given that the pair is supported by the 55-hour SMA, currently located at 1.1248, it is likely, that it re-tests the given resistance. If it does not hold, the exchange rate could reach the monthly PP and 200-hour SMA located circa 1.1280.
However, if the given support level does not hold, it is expected that bears prevail in the market in the short run. A possible downside target is the lower boundary of the short-term descending channel located circa 1.1225.