EUR/JPY remains near 131.00 level

Note: This section contains information in English only.
Source: Dukascopy Bank SA
PositionsTodayYesterdayChange
Longs50%54%-8.3%
Shorts50%46%8.2%
Indicator4H1D1W
MACD(12;26;9)SellSellBuy
RSI(14)NeutralNeutralNeutral
Stochastic(5;3;3)SellNeutralNeutral
Alligator(13;8;5)NeutralSellBuy
SAR(0.02;0.2)BuySellSell
Aggregate

Upside risks dominated the EUR/JPY currency pair on Friday. As a result, the common European currency surged by 103 pips or 0.80% against the Japanese Yen during Friday's trading session.

Currently, the currency exchange rate is trading near a resistance level at the 131.00 region.

If the resistance line holds, a decline towards the 130.00 area could be expected within this session.

However, if the price breaks the 131.000 level, buyers could target the 131.50 mark today.

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