| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 42% | 42% | -1.1% |
| Shorts | 58% | 58% | 0.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇒ |
On Friday, the EUR/USD currency pair reversed south from the upper line of the short-term ascending channel.
From a theoretical point of view, it is likely that the exchange rate could re-test the lower channel line located circa 1.1770. It is unlikely that a breakout south could occur, as the lower channel line is strengthened by the 200-hour SMA.
Meanwhile, note that the rate could gain support from the 55– and 100-hour SMAs, as well the weekly and monthly PPs in the 1.1775/1.1790 range. Thus, the pair could re-test the upper channel line in the short run.