| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 44% | 44% | -1.4% |
| Shorts | 56% | 56% | 1.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
On Tuesday, the EUR/USD currency pair reversed south from the upper line of the short-term ascending channel. During today's morning, the pair reversed north from the lower channel line.
From a theoretical point of view, it is likely that some upside potential could prevail in the market, and the exchange rate could re-test the upper channel boundary in the 1.1800/1.1820 area.
In the meantime, note that the rate could face the resistance provided by the 55-hour SMA near 1.1765. Thus, a breakout south could occur, and the pair could decline to the support formed by the weekly PP, the Fibo 61.80% and the 200-hour SMA in the 1.1710 area.