| Positions | Today | Yesterday | % Change | |
| Longs | 48% | 51% | -6.25% | |
| Shorts | 52% | 49% | 5.77% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Neutral | Sell | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇘ | ⇒ | ⇒ | |
The single European currency depreciated about 91 base points against the Japanese Yen on Friday. The currency pair breached the 200-hour simple moving average at 128.95 during the end of the previous session.
Today's session begins with a bearish sentiment, and by the middle of the European trading session, the exchange rate has plunged by 0.72% of its values.
Everything being equal, it is likely that the currency exchange rate maintains a one-week descending channel pattern today.
The potential target for bearish traders will be near the weekly support level at 127.71.