| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 57% | 53% | 7.9% |
| Shorts | 43% | 47% | -10.7% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The single European currency declined by 119 basis points against the Japanese Yen on Tuesday. The decline was stopped by the monthly S 1 at 120.33 during yesterday's trading session.
The currency pair made an upside reversal from the monthly S1 during the morning hours of Wednesday's trading session. Most likely, a breakout could occur through the upper boundary of a descending channel pattern.
However, a resistance cluster formed by the 50– and 100– hour SMAs at 121.01 could provide resistance for the currency exchange rate within the following trading session.