| Positions | Today | Yesterday | % Change | |
| Longs | 54% | 56% | -3.70% | |
| Shorts | 46% | 44% | 4.35% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Buy | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Buy | Buy | |
| Aggregate | ⇗ | ⇒ | ⇒ | |
The common European currency has been appreciating against the Japanese Yen after the currency pair reversed from the lower boundary of a dominant descending channel at 126.69.
Currently, the exchange rate is trading near the upper border of the dominant channel; at 128.95 and could be set for a breakout.
If this breakout occurs, the next target for the currency exchange rate will be at a swing high of 130.17.
However, if the resistance level formed by the upper boundary of the channel holds, the EUR/JPY exchange rate could aim at a support line formed by the weekly PP at 128.50 within this session.