| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 27% | 26% | 5.6% |
| Shorts | 73% | 74% | -2.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
On Wednesday, the EUR/USD currency pair tested the upper boundary of the medium-term descending channel. During today's morning, the pair broke the given level.
Note that the exchange rate is supported by the 55-hour SMA near 1.0870. Thus, some upside potential could prevail in the market. However, note that the rate would have to surpass the resistance cluster formed by the Fibo 23.60%, the weekly PP and the 200-hour SMAs in the 1.0886/1.0910.
If the given resistance holds, it is likely that a reversal south could occur in the nearest future. Note that the pair could gain support from the 100-hour SMA near 1.10840. If the given support holds, the rate could consolidate in the short term.