| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 57% | 53% | 6.5% |
| Shorts | 43% | 47% | -8.5% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Sell | Neutral |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
During yesterday's trading session, the Eurozone single currency declined by 84 pips or 0.69% in value against the Japanese Yen. The currency pair breached the weekly support level at 119.61 on Wednesday.
Everything being equal, the EUR/JPY exchange rate will most likely continue to decline. The potential target for bearish traders would be near the weekly S2 at 119.15.
A possible upside reversal could follow from the weekly support level at 119.15 before the end of today's trading session.