EUR/JPY remains flat

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs64%55%14.0%
Shorts36%45%-25.5%
Indicator4H1D1W
MACD(12;26;9)4H1D1W
RSI(14)SellSellBuy
Stochastic(5;3;3)NeutralNeutralNeutral
Alligator(13;8;5)BuySellBuy
SAR(0.02;0.2)SellSellBuy
Aggregate

The common European currency versus the Japanese Yen has continued to trade between the range of 123.18/122.60 levels. All things being equal, a breakout is likely to occur during the following trading session.

If the break occurs through the resistance level at 123.20, a surge towards the 200– hour simple moving average at 123.65 could be expected today.

However, technical indicators suggest that bears might pressure the EUR/JPY currency exchange rate lower within this session.

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