| Positions | Today | Yesterday | % Change | |
| Longs | 52% | 50% | 3.85% | |
| Shorts | 48% | 50% | -4.17% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Neutral | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
The common European currency is trading in a triangle-like formation against the Japanese Yen. The currency pair re-tested the bottom border of the pattern during last week's session.
A breakout through the upper boundary of the triangle pattern occurred during the first part of Monday's trading session.
Given that a breakout had occurred, the next target for the currency exchange rate will be at the upper boundary of a downtrend line at 129.56.
However, a resistance level formed by the 200-hour simple moving average at 128.95 could hinder the rate from hitting the target today.