| Positions | Today | Yesterday | % Change | |
| Longs | 42% | 41% | 2.38% | |
| Shorts | 58% | 59% | -1.72% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Neutral | Sell | Buy | |
| Alligator (13; 8; 5) | Neutral | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇗ | |
[ANNOUNCE]The common European currency continued its decline against the US Dollar, as it was expected on Monday.[/ANNOUNCE]
On Tuesday morning the pair had already rebounded against the combined support of the medium pattern and the 200-hour SMA near the 1.1940 mark. Due to that reason a surge was expected.
However, the rebound is most likely going to be hindered by the 100-hour SMA until the pair reaches the weekly PP at 1.1999, which will be supported by the 55-hour SMA.
Most likely that combined resistance will force the rate to continue the decline.