| Positions | Today | Yesterday | % Change | |
| Longs | 29% | 30% | -3.45% | |
| Shorts | 71% | 70% | 1.41% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Sell | Buy | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇘ | ⇑ | ⇒ | |
The Euro was generally supported by the 55-hour SMA for the last 24 hours, except for a minor breakout late on Thursday. The overall price levels has remained the same, as the rate was trading near the 132.50 mark—the same area as in mid-yesterday.
Its gradual appreciation this week indicates that the previously drawn channel might be too steep for the pair. Thus, it is possible that the Euro breaches the upper channel boundary today.
The pair has formed a minor ascending wedge. Given the characteristics of this pattern, the rate could still edge slightly higher, possibly testing the weekly S1 or the 200-hour SMA, but it should eventually prepare for a breakout south.
The trading range for the upcoming session could be between the 100– and 200-hour SMAs in the 132.50/133.20 area.