| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 28% | 30% | -9.1% |
| Shorts | 72% | 70% | 3.5% |
| 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 | Neutral | Sell |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
During the end of the previous week, the EUR/USD currency pair tried to surpass the 1.1220 level. During Monday's morning, the pair dropped to the support level—the monthly PP at 1.1169.
[/ANNOUNCE]Note, that the exchange rate is trading near the lower boundary of the short-term descending channel. Thus, it is expected, that a reversal north could occur in the nearest future. In this case the rate has to surpass the resistance level formed by the 55– and 100-hour SMAs, as well the Fibo 38.20% at 1.1200.
It is unlikely, that a breakout south from the given trend could occur in the short term due to the support of the 200-hour SMA, currently located at 1.1160. However, if the given support does not hold, the pair could target the weekly S1 at 1.1122.