| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 71% | 68% | 3.3% |
| Shorts | 29% | 32% | -7.9% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Buy |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
During the previous trading session, the USD/JPY currency pair tried to surpass the resistance level formed by the 55– and 100-hour SMAs, as well the Fibo 38.20% at 108.44.
Given that the pair is supported by the weekly PP at 108.22, it is likely, that some upside potential could prevail in the market. Thus, the exchange rate could re-test the given resistance.
If the given support level does not hold, it is expected, that the exchange rate could target the psychological level at 108.00.
Also, it is unlikely, that the rate could exceed the 108.61 mark due to the resistance of the weekly R1.