| Positions | Today | Yesterday | % Change | |
| Longs | 51% | 39% | 23.53% | |
| Shorts | 49% | 61% | -24.49% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇓ | ⇘ | ⇑ | |
After testing the weekly PP at 132.41 early on Tuesday, the common European currency edged slightly lower, but nevertheless remained stable against the Yen.
This session started with the rate testing the psychological 132.00 mark for several hours. This level, however, held strong, especially given the massive resistance cluster nearby formed by the 55-, 200– and 100-hour SMAs, the 38.2% Fibo and the weekly PP in the 132.15/50 territory.
Is it likely that this cluster pressures the rate south past the weekly S1 and the two-month low of 131.50. This fall, however, should not be long-lasting, as technical oscillators would soon break out from the oversold area.
Subsequently, the rate might re-test the aforementioned resistance, but, given its strength, remain near 132.00.