| Positions | Today | Yesterday | % Change | |
| Longs | 42% | 38% | 9.52% | |
| Shorts | 58% | 62% | -6.90% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Buy | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇓ | ⇗ | ⇑ | |
As expected, the common European currency continues to decline substantially against the Japanese Yen. The bearish movement is maintaining a smooth channel south.
A strong support cluster near the 132.92 mark, which is made up of the combination of the weekly and the monthly pivot points is likely to stop bears from their dominance over the pair.
Given that the currency exchange rate has been losing strength against the Japanese Yen, traders should look for opportunities after the aforementioned scenario