| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 63% | 65% | -2.6% |
| Shorts | 37% | 35% | 4.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
Yesterday, the USD/JPY currency pair breached the short-term descending channel north. During Tuesday's morning, the pair reached the resistance level formed by the 200-hour SMA and the weekly PP at 109.75.
If the given resistance holds, it is expected, that a reversal south could occur in the nearest future. Note, that the exchange rate has to surpass the support level—the Fibonacci 50.00% retracement at 109.58.
If the given support does not hold, it is likely, that the rate could decline to the support level formed by a combination of the 55– and 100-hour SMAs, currently located circa 109.48.