| Positions | Today | Yesterday | % Change | |
| Longs | 33% | 33% | 0.00% | |
| Shorts | 67% | 67% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇘ | ⇗ | ⇗ | |
The previous analysis concentrated on the fact that the EUR/JPY pair had reached a new low level of 135.20, where it was stopped for the second time by the 38.20% Fibonacci retracement level. That support managed to hold ground and force the pair into a short term surge.
However, the surge ended after reaching a strong resistance cluster near the 135.70 mark. As a result, by the middle of Wednesday's trading session the currency exchange rate was back at the 38.20% retracement level.
If the pair passes the support, it will reach for a speculated lower trend line of a medium scale channel down pattern above the 135.00 mark.