| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 48% | 45% | 6.7% |
| Shorts | 52% | 55% | -6.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | 0 | 0 | 0 |
| RSI(14) | 4H | 1D | 1W |
| Stochastic(5;3;3) | Buy | Buy | Sell |
| Alligator(13;8;5) | Sell | Sell | Neutral |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇒ | ⇘ |
The common European currency surged by 119 pips or 0.98% against the Japanese Yen on Wednesday. The currency pair breached the psychological support level at 122.00 during Wednesday's trading session.
All things being equal, the EUR/JPY exchange rate could slide lower within this session. The possible target for sellers would be near the support level at the 120.69 area.
However, a support cluster formed by the weekly support level and the 50– hour simple moving average at 121.57 could provide support for the currency exchange rate today.