EUR/USD slides to 1.1350

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 41% 49% -19.51%
Shorts 59% 51% 13.56%
Indicator 4H 1D 1W
MACD (12; 26; 9) Buy Sell Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Buy Neutral Neutral
Alligator (13; 8; 5) Buy Sell Sell
SAR (0.02; 0.2) Sell Buy Sell
Aggregate

During Tuesday's trading session, the currency pair passed through most of the technical indicators to end the trading session at the 1.1366 mark. On Wednesday, the currency exchange rate was resisted by the 200-hour SMA to trade at 1.1376. 

In regards to the near-term future, the currency exchange rate could be resisted by the technical indicators to push the rate to trade sideways at the 1.1380 level during the trading session on Wednesday. 

However, today's US Durable Goods Orders data release at 13:30 GMT could support the rate to break the resistance of the monthly pivot point at the 1.1413 mark to trade at the 1.1400 level.

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