| Positions | Today | Yesterday | % Change | |
| Longs | 53% | 51% | 3.77% | |
| Shorts | 47% | 49% | -4.26% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Neutral | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇘ | ⇒ | |
The common European currency appreciated about 120 base points against the Japanese Yen on Friday. The currency pair breached the three SMAs during the end of Friday's session.
The exchange rate broke a one-month descending channel during the first part of Monday's trading session.
Given that a breakout had occurred, the next target for the price will be at a resistance level formed by the weekly R1 at 130.48 within this session.
However, a technical indicator on the 4(H) time frame suggests that the currency exchange rate might not hit the target during the following trading session.