| Positions | Today | Yesterday | % Change | |
| Longs | 31% | 32% | -3.23% | |
| Shorts | 69% | 68% | 1.45% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇗ | ⇘ | ⇘ | |
The Eurozone single currency was constrained mostly by bulls against the Japanese Yen on Tuesday who strengthened their positions during the end of trading session.
By the opening of Asian session on Wednesday, the currency pair has breached the weekly resistance level at 129.29. Furthermore, the 100-hour simple moving average and the monthly pivot point near 128.04 was providing support for the rate to push higher.
By and large, the EUR/JPY currency exchange rate is likely to continue moving north until it reaches the upper boundary of the junior ascending pattern.