EUR/USD pressured by 200-hour SMA

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs32%32%-0.4%
Shorts68%68%0.2%
Indicator4H1D1W
MACD(12;26;9)SellSellSell
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)SellNeutralNeutral
Alligator(13;8;5)NeutralSellSell
SAR(0.02;0.2)BuySellSell
Aggregate

During Monday's session, the EUR/USD currency pair surpassed the 1.1180 level. During Tuesday's morning, the pair was testing the 200-hour SMA at 1.1203.  

If the given moving average does not hold, it is likely, that the exchange rate could continue to extend gains. In this case, the rate could surpass the psychological level at the 1.1220 mark. 

On the other hand, the rate could trade sideways between the given SMA and the support level formed by a combination of the 55– and 100-hour moving averages at 1.1161. If the given support does not hold, the pair could decline to the 1.1140 mark.

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