| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 29% | 30% | -2.6% |
| Shorts | 71% | 70% | 1.1% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Sell |
| Stochastic(5;3;3) | Sell | Sell | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
[ANNOUNCE]The common European currency surged by 57 pips or 0.42% against the Japanese Yen on Friday. The currency pair tested the 132.40 level during Friday's trading session.
[/ANNOUNCE]
All things being equal, the exchange rate is likely to continue to edge higher during the following trading session. A breakout through the upper line of an ascending channel pattern could occur.
However, the resistance level at 132.40 could provide a barrier for bullish traders in the shorter term.