| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 25% | 27% | -8.8% |
| Shorts | 75% | 73% | 2.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇘ |
Yesterday, the EUR/USD currency pair tested the upper boundaries of the short-term and long-term descending channels at the 1.1293 mark. During Friday's morning, the support level formed by the 55– and 100-hour SMAs, the monthly R1 and the weekly R2 at 1.1266.
From a theoretical perspective, it is expected, that the pair could go downside and target the support cluster formed by the Fibonacci 38.20% retracement, the weekly R1 and the 200-hour SMA in the 1.1200/1.1218 range.
However, if the given support level holds, it is expected, that the exchange rate could re-test the given channels. If the trends do not hold, a breakout north could occur in the short run.