| Positions | Today | Yesterday | % Change | |
| Longs | 45% | 43% | 4.44% | |
| Shorts | 55% | 57% | -3.64% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Buy | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇒ | |
Wednesday's session brought weakness to the EUR/JPY currency pair, with the rate losing 107 base points lower from its previous high at 131.15. During this short period of decline, the pair broke out through the bottom border of an ascending channel.
It seems that the exchange rate might continue its free fall today since the price has already breached all significant support level. Namely, the weekly and the monthly PPs and the three SMAs.
By and large, this bearish momentum is likely to continue during the following trading session for a potential target near the 128.82 mark.