Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 40% | 41% | -0.9% |
Shorts | 60% | 59% | 0.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Neutral | Neutral | Neutral |
Stochastic(5;3;3) | Neutral | Neutral | Neutral |
Alligator(13;8;5) | Neutral | Buy | Buy |
SAR(0.02;0.2) | Sell | Buy | Sell |
Aggregate | ⇒ | ⇗ | ⇒ |
The EUR/USD currency pair has revealed a symmetrical triangle pattern.
From a theoretical point of view, it is likely that the exchange rate could reverse north from the lower pattern line circa 1.1810. The rate could re-test the upper pattern line located circa the 1.1855 mark.
Meanwhile, note that the currency pair is pressured by the 55– and 100-hour SMAs in the 1.1830. Thus, a breakout south could occur, and the pair could re-test the support level—the monthly PP at 1.1782.