| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 67% | 66% | 1.5% |
| Shorts | 33% | 34% | -3.0% |
| 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 | Sell | Buy |
| Aggregate | ⇗ | ⇘ | ⇒ |
The common European currency surged by 143 pips or 1.22% against the Japanese Yen on Tuesday. The currency pair tested the psychological resistance level at 119.00 during yesterday's trading session.
The exchange rate made a U-turn from the psychological level by the end of Tuesday's session. Most likely, the EUR/JPY pair will continue to decline within the following trading hours.
However, a support cluster formed by the weekly pivot point and the 100– hour simple moving average at 117.84 could provide support for the currency exchange rate today.