| Positions | Today | Yesterday | Change |
|---|---|---|---|
| Longs | 74% | 74% | -0.4% |
| Shorts | 26% | 26% | 1.3% |
| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Sell | Sell |
| SAR(0.02;0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
During the previous trading session, the USD/JPY currency pair traded sideways around the psychological level at 107.90. During today's morning, the pair breached the short-term descending trend south.
It is unlikely, that the exchange rate could decline due to the support cluster formed by the 55-, 100– and 200-hour SMAs, as well the weekly and monthly PPs in the 107.78/107.99 range.
It is expected, that the rate could continue to extend gains. A possible upside target is the resistance formed by the weekly R1 and the Fibonacci 38.20% retracement located circa 108.40.