| Positions | Today | Yesterday | % Change | |
| Longs | 47% | 52% | -10.64% | |
| Shorts | 53% | 48% | 9.43% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇓ | ⇒ | |
In result of the previous trading session, the currency exchange rate made a rebound from a combined resistance set up by the 200-hour SMA and the upper edge of a junior descending channel. In addition to that, the pair managed to break through the 100% Fibonacci retracement level and the weekly S1 again.
On the one hand, this plunge shows that movement of the rate is still guided by a downtrend formed approximately a month ago. On the other hand, a daily chart indicates that the pair is about to reach the lower support line of a dominant falling wedge pattern.
There is a need to take into account that this boundary is additionally secured by the monthly S1 at 1.15658 plus the pair is moving within the long-term uptrend. Hence, the further surge is likely to follow.