Positions | Today | Yesterday | % Change | |
Longs | 36% | 35% | 2.78% | |
Shorts | 64% | 65% | -1.56% | |
Indicator | 4H | 1D | 1W | |
MACD (12; 26; 9) | Sell | Buy | Buy | |
RSI (14) | Neutral | Neutral | Neutral | |
Stochastic (5; 3; 3) | Sell | Buy | Buy | |
Alligator (13; 8; 5) | Sell | Buy | Buy | |
SAR (0.02; 0.2) | Sell | Sell | Buy | |
Aggregate | ⇓ | ⇗ | ⇑ |
The common European currency has managed to regain some of its losses during the early hours of Tuesday's trading session.
The pair has reached the 61.80% Fibonacci retracement level and retraced back to the north. The retracement can be measured with the high of 136.62 and the low of 133.08.
The combined support of the weekly and the monthly PPs at the 134.26 level stopped the pair from dropping further. The pair is likely to rally until it finds resistance at the 200—hour SMA which is located at 135.48 mark.