| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 33% | 42% | -26.9% |
| Shorts | 67% | 58% | 13.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇒ | ⇒ |
Upside risks pressured the US Dollar against the Japanese Yen on Thursday. The currency pair tested the 61.80% Fibonacci retracement level at 109.83 during yesterday's trading session.
The exchange rate is likely to continue the bullish momentum during the following trading session. The possible target for the USD/JPY pair could be near the 110.20 level.
However, the weekly resistance level at 109.94 could provide resistance for the currency exchange rate in the shorter term.