| Positions | Today | Yesterday | % Change | |
| Longs | 45% | 38% | 15.56% | |
| Shorts | 55% | 62% | -12.73% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Sell | Buy | |
| Alligator (13; 8; 5) | Sell | Sell | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Sell | |
| Aggregate | ⇘ | ⇓ | ⇗ | |
As expected, the Euro continues to decline against the Japanese Yen. The bearish movement is maintaining a smooth channel down.
The currency exchange rate has started gaining some of its lost points during the second half of Monday and could likely breach the upper boundary of a dominant channel.
However, the surge might find a resistance cluster set by the combination of the 100-hour simple moving average and the weekly pivot point near 131.81. Traders should look for opportunities to trade if the aforementioned scenario occurs.