| Positions | Today | Yesterday | % Change | |
| Longs | 37% | 37% | 0.00% | |
| Shorts | 63% | 63% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Sell | |
| RSI (14) | Neutral | Sell | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Buy | Neutral | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇒ | ⇒ | |
The common European currency has been trading in a three-week ascending channel against the Japanese Yen. The pair re-tested the upper boundary of this channel pattern at 133.12 on September 21 and made a brief retracement down.
Presently, the currency pair has tested the bottom border of the three weeks ascending pattern near 132.72 and could be set for a breakout.
However, technical indicators demonstrate that this breakout might not occur today. The currency exchange rate could reverse from the 100-hour simple moving average at 132.52 during the following trading session.