| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 41% | 43% | -5.4% |
| Shorts | 59% | 57% | 3.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
Yesterday, the EUR/USD currency pair declined below 1.1000 level. During Friday morning, the pair declined to the lower boundary of the medium-term descending channel.
From a theoretical point of view, a reversal north could occur in the nearest future. In this case the exchange rate would have to surpass the resistance formed by the monthly S1 and the 55-hour SMA in the 1.0990 area.
On the other hand, the rate could trade downwards along the lower channel line in the short run. If the given channel does not hold, the pair could target the weekly S3 at the 1.0923 mark.