| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 53% | 47% | 11.6% |
| Shorts | 47% | 53% | -13.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
The US Dollar breached the upper boundary of a junior descending channel pattern at 1.3295 during the morning hours of Wednesday's trading session.
Given that the currency pair has passed the 50-hour simple moving average, the next target for bullish traders could be near a resistance level formed by the weekly pivot point at 1.3351.
However, a resistance line set by the 100-hour SMA at 1.3308 might restrict the currency exchange rate from hitting the given target as mentioned earlier during the following trading session.