| Positions | Today | Yesterday | % Change | |
| Longs | 28% | 47% | -67.86% | |
| Shorts | 72% | 53% | 26.39% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Sell | |
| RSI (14) | Buy | Buy | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Buy | Neutral | |
| Alligator (13; 8; 5) | Sell | Sell | Sell | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇘ | ⇒ | ⇒ | |
The single European currency plummeted about 151 base points against the Japanese Yen on Friday. This sell-off began on December 13 and has since lost over 2.36% of its values.
As for the near future, it is likely that the currency pair makes a brief retracement towards a resistance cluster formed by the combination of the weekly and the monthly pivot points and the 50– hour simple moving average at the 127.27 region.
However, technical indicators suggest that the upside move might not occur within this session.