| Positions | Today | Yesterday | % Change | |
| Longs | 44% | 43% | 2.27% | |
| Shorts | 56% | 57% | -1.79% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇗ | |
In result of the previous trading session the currency exchange rate has expectedly reached the 38.2% Fibonacci retracement level located at 1.1760.
As the pair is also moving in a junior falling wedge formation, a breakout in northern direction is expected to happen. This projection is additionally supported by the fact that the above retracement level coincides with the bottom boundary of a larger descending channel.
If the breakout happens, the surge is likely to last until the currency rate will reach the 55-hour SMA or the monthly PP at 1.1807. However, a release of better than expected US employment data might alter this scenario and push the rate straight to alleged support zone located between the 1.1730 and 1.1720 marks.