| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 39% | 41% | -7.0% |
| Shorts | 61% | 59% | 4.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Buy | Neutral | Sell |
| Stochastic(5;3;3) | Buy | Buy | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
Downside risks pressured the common European currency against the Japanese Yen on Tuesday. The currency pair fell by 122 pips or 0.94% during Tuesday's trading session.
The exchange rate is currently trading near the lower line of a descending channel pattern and could be set for a breakout.
If the breakout occurs, a decline towards the 127.70 area could be expected within this session.
However, if the channel pattern holds, the currency exchange rate would make a brief pullback towards the 129.05 level today.