| Positions | Today | Yesterday | % Change | |
| Longs | 36% | 45% | -25.00% | |
| Shorts | 64% | 55% | 14.06% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇗ | |
EUR/JPY breached the upper channel boundary early Tuesday. Since then, the European common currency has returned back in the pattern, suggesting that the rate may still respect the bounds of the given formation or a new channel redrawn to include the breakout. The monthly PP at 123.90 limited the Euro from the upside for several trading hours, while the 200-hour SMA at 123.67 triggered a U-turn. By and large, the Euro is expected to appreciate against the Yen in this session and may even overcome a resistance cluster formed by the 55-day SMA and the upper channel boundary around 124.35. Subsequently, further downside momentum should be expected. In case no fundamentals shake the market in the following 24 hours, the pair may remain in the 123.60/124.40 range.