| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 73% | -3.3% |
| Shorts | 29% | 27% | 8.2% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Buy | Buy | Neutral |
| Stochastic(5;3;3) | Buy | Buy | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The EUR/JPY currency pair appreciated about 85 base points during yesterday's trading session. The exchange rate breached the 50-hour simple moving average at 121.40 on Monday.
The pair tested the upper boundary of a descending channel pattern at 121.66 during the morning hours of Tuesday's trading session.
If the resistance level formed by the upper border of the channel pattern holds, a decline towards the 120.80 marks could be expected today.
On the other hand, if a breakout occurs, a surge towards the 200-hour SMA at 122.07 might be the target for bullish traders within this session.