| Positions | Today | Yesterday | % Change | |
| Longs | 74% | 29% | 60.81% | |
| Shorts | 26% | 71% | -173.08% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Sell | Sell | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇒ | ⇗ | |
By mid-Monday, the common European currency had managed to erase almost all gains reached during the second part of the previous week.
The strong downside momentum that started on Friday prevailed in this session, as well. As a result, the Euro breached several support levels and two prevailing ascending channels.
Given the magnitude of the recent fall, it is likely that the rate fails to overcome the 135.15 area where the 200-hour SMA and the weekly S1 are located. However, a subsequent advance might not follow right away, as bears could still provide notable resistance to bulls.
In case this surge is to occur, a possible upside target for the following session should be the 100-hour SMA and the weekly PP near 135.80.