| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 45% | 44% | 2.7% |
| Shorts | 55% | 56% | -2.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇗ | ⇒ |
On Wednesday, the EUR/USD currency pair tested the support provided by the 200-hour SMA near 1.1760.
It is likely that the exchange rate could remain under pressure of the 100-hour moving average near 1.1830. Thus, some downside potential could prevail in the market, and the rate could target the support formed by the Fibo 61.80% and the weekly S1 in the 1.1700 area.
In the meantime, note that the currency pair could gain support from the 55-hour moving average near 1.1800 and trade upwards in the short term. A possible upside target is the 1.1880 mark.