| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 49% | 48% | 1.6% |
| Shorts | 51% | 52% | -1.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | 4H | 1D | 1W |
| RSI(14) | Buy | Sell | Buy |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇗ |
The Eurozone single currency edged higher by 52 points or 0.41% against the Japanese Yen on Wednesday. The currency pair broke a resistance level at 126.11 during Wednesday's trading session.
Given that the exchange rate has breached the resistance level, bullish traders are likely to pressure the EUR/JPY pair higher during the following trading session. The potential target will be at the 126.60 level.
However, the currency exchange rate could encounter a resistance near the 126.40 are within this session.