| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Sell | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇘ | ⇒ |
After encountering a combined support level of two dominant channel patterns the common European currency has rebounded against the Pound and begun a surge.
On the most smallest scale on the four hour chart one can notice that there is rather inclined and more than once confirmed channel up pattern. Meanwhile, if one uses the pre-rebound high levels, more than one speculative medium term pattern can be drawn.
Due to that reason one can see that the Euro is set to continue the surge. However, is still unclear, where are the borders of the pattern, which will guide the pair higher.