| Positions | Today | Yesterday | % Change | |
| Longs | 45% | 48% | -6.67% | |
| Shorts | 55% | 52% | 5.45% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Neutral | Neutral | Neutral | |
| RSI (14) | Neutral | Buy | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇒ | ⇗ | |
The common European currency plunged by 164 base points against the Japanese Yen on Monday. The exchange rate breached both the weekly S1 at 128.36 and S2 127.71 during the end of Monday's session.
The currency pair was located near the upper boundary of a one-week descending channel at 128.36 during the middle of the European trading session on Tuesday and could be set for a breakout.
If this breakout occurs, the currency exchange rate could aim at a resistance cluster formed by the monthly and the 200-hour SMA at 129.15 within this session.
On the other hand, if the resistance line set by the upper border of the descending channel holds, the pair might aim for a re-tests of the weekly S2.