| Positions | Today | Yesterday | % Change | |
| Longs | 74% | 71% | 4.05% | |
| Shorts | 26% | 29% | -11.54% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Buy | Sell | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇓ | ⇘ | |
Despite facing strong resistance of the 55-, 100– and 200-hour SMAs near 109.40, bulls managed to gather enough strength to push USD/JPY above this level on Monday. This breakout provided additional bullish momentum, as the US Dollar subsequently surged as high as the 109.90 mark where a two-week trend-line is located.
The following hours will be important to determine the pair's further direction. A successful breakout of this level should result in further appreciation up to the 110.20/40 area where the 61.80% Fibonacci retracement is located.
On the other hand, a bearish reversal is expected to result in a test of the aforementioned SMAs and the weekly PP near 109.50. A decline below this area is not expected to follow.