| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 27% | 25% | 7.9% |
| Shorts | 73% | 75% | -2.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
The Eurozone single currency has declined by 82 pips or 0.63% against the Japanese Yen since Friday's trading session. A breakout occurred through the lower boundary of an ascending channel pattern during the Asian session on Monday.
The exchange rate bounced off a support level at 129.66 on Monday morning. Most likely, the EUR/JPY pair could continue to edge higher during the following trading session.
However, a resistance cluster formed by the 50– and 200– hour SMAs and the weekly pivot point at 130.25 could provide resistance for the currency exchange rate within this session.