| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 28% | 29% | -4.3% |
| Shorts | 72% | 71% | 1.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Sell |
| Stochastic(5;3;3) | Neutral | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇒ |
The EUR/JPY exchange rate maintained the narrow ascending channel pattern during yesterday's trading session. The currency pair made about 35 pips or 028% move during Thursday's trading session.
Currently, the exchange rate is trading near the lower boundary of the narrow ascending channel and could be set for a breakout.
If the breakout occurs, a decline towards the 131.00 level could be expected within this session.
However, if the channel pattern holds, bullish traders could target the weekly resistance level at 132.48 today.