| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 32% | 34% | -3.5% |
| Shorts | 68% | 66% | 1.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Neutral |
| Alligator(13;8;5) | Buy | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇓ | ⇘ |
Yesterday, the EUR/USD currency pair declined to the psychological level at the 1.1160 mark.
Given that the pair is pressured by the 55-, 100– and 200-hour SMAs, currently located in the 1.1172/1.1184 range, it is likely, that bears could prevail in the market in the short term. A possible downside target is the weekly S1 at 1.1138.
If the given support does not hold, it is expected, that the exchange rate could decline to the 2018/2019 minimum at 1.1124. Otherwise, it is likely, that a reversal north could occur.
It is unlikely, that the rate could jump higher than the 1.1200 mark due to the resistance of the Fibonacci 38.20% retracement.