| Positions | Today | Yesterday | % Change | |
| Longs | 40% | 36% | 10.00% | |
| Shorts | 60% | 64% | -6.67% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇗ | |
The single European currency has depreciated about 120 base points against the Japanese Yen since Friday's trading session. The currency pair broke a one-month ascending channel during the first part of today's session.
By the middle of the European trading session on Monday, the exchange rate has breached a support level formed by the weekly S1 at 130.28.
Given that the price is located near the bottom border of a two-week descending channel, a breakout could be expected within this session.
If this breakout occurs, the next target for the currency exchange rate will be near the weekly S2 at 129.51 during the following trading sessions.