| Positions | Today | Yesterday | % Change | |
| Longs | 62% | 65% | -4.84% | |
| Shorts | 38% | 35% | 7.89% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Sell | |
| Aggregate | ⇒ | ⇗ | ⇓ | |
After reaching the 1.2540 mark early on Tuesday, bearish sentiment dominated the market for the whole trading session. As a result, the junior ascending channel was breached to the downside, along with the 55– and 100-hour SMAs.
The same fate is likely to occur to the senior pattern, as well, given that technical indicators demonstrate that a small downside potential still exists.
Given that the rate faces the weekly PP, the 61.8% Fibo and the 200-hour SMA near the 1.2430 mark, this area is expected to function as a reversal point.
The subsequent movement should be either sideways or slightly tended upwards. The most probable upside target could be the 55–hour SMA circa 1.2500.