| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 42% | 41% | 2.5% |
| Shorts | 58% | 59% | -1.8% |
| 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) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
On Wednesday, the common European currency declined by 44 pips or 0.36% against the US Dollar. The currency pair fell below the 55-, 100 and 200– hour SMAs during Wednesday's trading session.
The exchange rate is likely to continue to edge lower during the following trading session. The potential target for the EUR/USD pair will be near the weekly support level at 1.2097.
However, bearish traders could encounter support at 1.2145 during Thursday's trading session.