| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 31% | 32% | -3.9% |
| Shorts | 69% | 68% | 1.8% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
On Tuesday, the EUR/USD currency pair failed to reach the psychological level at 1.1100. During today's morning, the pair was testing the support level formed by the 100-hour SMA at 1.1081.
If the given support holds, it is likely that a reversal north could occur in the nearest future. In this case the exchange rate could exceed the given psychological level.
On the other hand, some volatility could occur on the market, as the FOMC Statement release will happen today at 19:00 GMT.
From theoretical perspective, it is unlikely that the rate could drop lower than the support level formed by the weekly and monthly PPs at 1.1060.