| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 34% | 41% | -22.5% |
| Shorts | 66% | 59% | 11.4% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
[ANNOUNCE]The single European currency surged by 46 pips or 0.36% against the Japanese Yen on Thursday. The currency pair tested a resistance cluster at 127.83 during yesterday's trading session.[/ANNOUNCE]
Technical indicators suggest that the exchange rate could continue to edge higher during the following trading session. The potential target for bullish traders would be near the 128.40 area.
However, a resistance level formed by the weekly R2 at 127.83 could provide a barrier for bulls within this session.