| Positions | Today | Yesterday | % Change | |
| Longs | 31% | 35% | -12.90% | |
| Shorts | 69% | 65% | 5.80% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇗ | ⇒ | ⇑ | |
The common European currency continued to surge against the Japanese Yen, as it was forecast on Monday, until it reached the monthly resistance level at the 136.00 mark.
The pair began a short term decline, which eventually broke through the narrow ranged ascending channel up pattern. Although, this move could have been foreseen by most market participants due to one factor.
The junior channel pattern only represented the first surge after the encounter of a dominant support, and it is too narrow, and thus it must be a part of a medium pattern. Due to that reason expect the reveal of the new medium sized pattern.