| Positions | Today | Yesterday | % Change | |
| Longs | 54% | 54% | 0.00% | |
| Shorts | 46% | 46% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | 0 | 0 | 0 | |
| RSI (14) | 4H | 1D | 1W | |
| Stochastic (5; 3; 3) | Buy | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Sell | Neutral | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇒ | ⇘ | |
The common European currency appreciated about 59 base points against the Japanese Yen on Monday. The currency pair reached near a traditional weekly resistance level at 126.03 during yesterday's trading session.
The exchange rate breached the 50-hour simple moving average at 125.51 during the first part of today's trading session.
Everything being equal, it is likely that the currency exchange rate could decline towards a support level formed by the 200-hour SMA at 124.97 today.
Although, a support cluster set by the combination of the weekly pivot point and the 100-hour SMA at 125.20 could hinder such movement south.