| Positions | Today | Yesterday | % Change | |
| Longs | 38% | 41% | -7.89% | |
| Shorts | 62% | 59% | 4.84% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇗ | ⇑ | |
EUR/JPY has been driven by strong upside risks during the past three sessions. The pair tried to edge lower on Friday, but the combined support of the 100– and 200-hour SMAs and the monthly PP circa 133.10 proved to be an unbreakable barrier. As a result, the rate continued to appreciate late on Friday.
This strong upside movement has allayed today, as the Euro has failed to move away from the 133.65/80 area. Technical indicators suggest that the rate might still push higher within the following 24 hours.
The nearest resistance is the weekly R1 and the 2017 high at 134.36 and 134.49, respectively. In case the bearish sentiment prevails, the 133.25 area is unlikely to be breached.