EUR/USD falls to 1.1400 level

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Positions Today Yesterday % Change
Longs 31% 29% 6.45%
Shorts 69% 71% -2.90%
Indicator 4H 1D 1W
MACD (12; 26; 9) Sell Buy Sell
RSI (14) Neutral Neutral Neutral
Stochastic (5; 3; 3) Neutral Neutral Neutral
Alligator (13; 8; 5) Neutral Buy Sell
SAR (0.02; 0.2) Sell Buy Buy
Aggregate

During Monday's trading session, the weekly PP was resisting the currency exchange rate to keep the rate at 1.1480. However, during Tuesday's midnight hours, the rate was resisted by the 55-hour simple moving average to the 1.1431 mark. 

In regards to the near-term future, most likely, the currency exchange rate will depreciate towards the monthly S1 at the 1.1330 mark. 

On the other hand, the European Single Currency could appreciate against the US Dollar to 1.1450 during today's US PPI and Core PPI data releases at 13:30 GMT.

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