| Positions | Today | Yesterday | % Change | |
| Longs | 39% | 39% | 0.00% | |
| Shorts | 61% | 61% | 0.00% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Neutral | Neutral | Sell | |
| Alligator (13; 8; 5) | Buy | Buy | Buy | |
| SAR (0.02; 0.2) | Sell | Buy | Buy | |
| Aggregate | ⇒ | ⇗ | ⇗ | |
It was already previously mentioned that the narrow surge in a channel up pattern can not continue on the USD/JPY charts. The US rate hike provided the needed volatility for the pattern to be broken.
On Thursday morning the rate was heading for the 200-hour simple moving average, which was located at the 112.50 mark. Meanwhile, the rate faced the resistance of the 55 and 100-hour simple moving averages respectively at 112.87 and 112.77.
Most likely the rate will be squeezed by these levels. Watch the rate until it makes a break out from the occurring squeeze either down to the 112.40 level or up to the 113.10 level.