| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 33% | 40% | -20.4% |
| Shorts | 67% | 60% | 10.0% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇒ |
Yesterday, the USD/JPY currency pair tested the upper boundary of the long-term descending channel. During Friday morning, the pair breached the given channel north.
From the one hand, it is likely that some upside potential could prevail in the market. In this case, the exchange rate could target the resistance level formed by the weekly and monthly R2s at 110.20.
From the other hand, the currency pair could reverse south in the nearest future. In this case the pair could gain support of the 55-, 100– and 200-hour SMAs in the 108.68/109.21 area.