| Positions | Today | Yesterday | % Change | |
| Longs | 36% | 30% | 16.67% | |
| Shorts | 64% | 70% | -9.37% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Buy | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇘ | ⇗ | ⇗ | |
In line with expectations, the Euro used the monthly S1 at 128.80 as a trampoline to surge to the weekly S1 at 129.45. After reaching the above resistance line, the pair made an expected rebound and entered into a new eight hour downfall. At the moment, it stuck between the weekly S2 at 128.58 and the above monthly S1. Given that 64% of traders remain bearish on this currency rate, the further depreciation of the Euro is expected to follow. Later this day the pair might make a correction and get closer to the 55-hour SMA near 129.39, as it did yesterday. However, the general downtrend is expected to stay in force. In this context, the likely target for the end of the week most likely is going to be the March 2016 high at 128.18.