| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 38% | 36% | 3.8% |
| Shorts | 62% | 64% | -2.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | 4H | 1D | 1W |
| RSI(14) | Buy | Buy | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The Eurozone single currency declined by 34 pips or 0.27% against the Japanese Yen on Tuesday. The decline was stopped by a support line at 126.45 during yesterday's trading session.
All things being equal, the EUR/JPY exchange rate could continue to edge lower during the following trading session. Bearish traders might target the 126.30 level today.
However, a support cluster formed by the 100– and 200– hour SMAs at 126.63 could provide support for the currency exchange rate within this session.