| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 62% | 68% | -9.7% |
| Shorts | 38% | 32% | 16.1% |
| 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 | Sell |
| Aggregate | ⇒ | ⇘ | ⇘ |
Since the past 24 hours, the common European currency has appreciated about 61 base points against the Japanese Yen. The currency pair tested a resistance cluster formed by the combination of the 200-hour simple moving average and the weekly pivot point at 122.16 during the morning hours of today's trading session.
Most likely, the EUR/JPY exchange rate could make a pullback within this session. The potential downside target will be near the border of an ascending channel pattern at 121.60.
However, the 100-hour SMA at 121.73 could provide support for the currency exchange rate today.