| Positions | Today | Yesterday | % Change | |
| Longs | 36% | 38% | -5.56% | |
| Shorts | 64% | 62% | 3.13% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇗ | |
Downside risks prevailed in the market on Tuesday, thus sending the common European currency to crashed about 100 base points against the Japanese Yen. The currency pair tested the lower boundary of a descending channel at 130.76 during the previous session.
Today's session begins with a bullish momentum. As a result, the exchange rate breached a resistance line formed by the 50– and 100-hour SMAs near 131.72.
Given that the price has tested the 50– and 100-hour simple moving averages, the next targets for the pair will be at the 200-hour SMA at 132.21.
On the other hand, the currency exchange rate might reverse from current price level and aim at a support cluster at the 131.05 mark within this session.