| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 33% | 36% | -10.1% |
| Shorts | 67% | 64% | 5.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Sell | Buy |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇘ | ⇗ |
Yesterday, the USD/JPY currency pair jumped to the resistance level formed by the Fibo 50.00% and weekly R2 at 109.60. During Wednesday morning, the pair testing the given resistance.
If the given resistance level holds, it is likely that a reversal south could occur in the nearest future. In this case the exchange rate could decline to the weekly R1 at 109.01.
Otherwise, it is likely that the US Dollar could appreciate against the Japanese Yen in the short term. Note that the rate could face the resistance formed by the weekly R3 and the monthly R1 in the 109.90 range.