| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 35% | 36% | -3.0% |
| Shorts | 65% | 64% | 1.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Buy | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇗ | ⇒ |
On Tuesday, the EUR/USD currency pair tested the resistance formed by the 100– and 200-hour SMAs, as well the weekly PP in the 1.1800 area. Afterwards, it retreated to find support in the area near 1.1720. It resulted in a surge, which by the middle of Wednesday was heading back to the 1.1800 level.
In theory, the resistance at 1.1800 could hold and force the rate into another attempt to pass the support of the 1.1720 zone and the 61.80% Fibonacci retracement level at 1.1707.
On the other hand, it is possible that the pair manages to pass the 1.1800 resistance. In this case scenario, the cluster of resistances at 1.1900 should be targeted.