| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 28% | 25% | 9.2% |
| Shorts | 72% | 75% | -3.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Buy | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇘ | ⇗ |
Yesterday, the USD/JPY currency pair failed to surpass the 109.20 level. During today's morning, the pair was testing the support formed by the weekly S1 and the monthly PP at 108.90.
If the given support holds, it is likely that a reversal north could occur. In this case the exchange rate would have to surpass the resistance formed by the 55– and 100-hour SMAs circa 109.05.
If the given support level does not hold, it is likely that some downside potential could prevail in the market. In this case the pair could target the psychological level at 108.60.