| Positions | Today | Yesterday | % Change | |
| Longs | 46% | 47% | -2.17% | |
| Shorts | 54% | 53% | 1.85% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇘ | ⇒ | |
The price movement of the common European currency against the Japanese Yen has been guided by a junior ascending channel pattern. The currency pair tested the upper boundary of the channel at 129.25 during yesterday's session.
The EUR/JPY currency pair breached the lower boundary of the channel pattern at 128.36 during the middle of Thursday's trading session.
Given that a breakout had occurred, the currency exchange rate is likely to continue its decline towards the monthly support level at 127.71 during the following trading session.