| Positions | Today | Yesterday | % Change | |
| Longs | 38% | 33% | 13.16% | |
| Shorts | 62% | 67% | -8.06% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Buy | Sell | |
| Alligator (13; 8; 5) | Sell | Sell | Neutral | |
| SAR (0.02; 0.2) | Buy | Buy | Sell | |
| Aggregate | ⇘ | ⇒ | ⇘ | |
The single European currency has been trading inside a medium-scale triangle pattern against the Japanese Yen. The currency pair has twice tested the upper boundary of the pattern.
After piercing through a resistance cluster set by the weekly and the monthly PPs with the combination of the 100– and 200– hour SMAs the currency pair made a turn back south.
Everything being equal, the common European currency is likely to continue to decline against the Japanese Yen until it breaches the lower bottom border of the aforementioned medium-scale triangle.