| Positions | Today | Yesterday | % Change | |
| Longs | 40% | 48% | -20.00% | |
| Shorts | 60% | 52% | 13.33% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Sell | |
| Stochastic (5; 3; 3) | Neutral | Sell | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
After reaching the upper boundary of the ascending channel late on Wednesday, the Euro went for a massive intraday fall down to its bottom boundary.
It was expected that the pair would subsequently turn to the upside and recover some of its previous losses. However, it failed to move past the weekly R1 at 132.87 and thus went for another plunge through the 100– and 200-hour SMAs and the 38.2% Fibonacci retracement. As a result, the pair depreciated 99 pips in the matter of one trading session.
The rate could still edge lower down to the weekly or monthly PP at 132.56 and 132.24, respectively, in this session. The subsequent movement, however, should be north towards the 55-hour SMA.