| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 27% | 29% | -7.0% |
| Shorts | 73% | 71% | 2.6% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Sell |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
The common European currency surged by 46 pips or 0.36% against the Japanese Yen on Friday. The currency pair tested the 130.60 level during the Asian session on Monday.
The exchange rate reversed from a resistance level at 130.60 on Monday morning. Most likely, the EUR/JPY pair could continue to edge lower during the following trading session.
However, a support level formed by the 200– hour simple moving average at 130.15 could provide support for the currency exchange rate in the shorter term.