| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 40% | 39% | 2.4% |
| Shorts | 60% | 61% | -1.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇘ |
Yesterday, the Euro depreciated against the US Dollar. During Tuesday morning, the EUR/USD pair reversed north from the support level formed by the weekly S1 and the Fibo 23.60% at 1.0886.
From the one hand, the currency pair could continue to extend gains in the short term. However, it is unlikely that the pair could exceed the 1.0920/1.0940 area due to the upper boundary of the medium-term descending channel.
From the other hand, the exchange rate could face resistance of the 55– and 100-hour moving averages, currently located at 1.0918 and 1.0918. Thus, the rate could consolidate in the short term.