| Positions | Today | Yesterday | % Change | |
| Longs | 35% | 38% | -8.57% | |
| Shorts | 65% | 62% | 4.62% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Neutral | Sell | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇘ | ⇘ | ⇗ | |
As forecasted on Monday, the resistance cluster from the 128.80 to 129.00 levels has forced the EUR/JPY currency pair to decline in the borders of the medium term ascending channel pattern.
By the middle of Tuesday's trading session the exchange rate was squeezed in by the combined resistance of the weekly PP, monthly S1 and the 100-hour SMA near the 128.80 mark from the upside and the 55-hour SMA from below at 128.60 as support.
Most likely the rate will trade horizontally until the rate encounters the support of the lower trend line of the ascending channel pattern.