| Positions | Today | Yesterday | % Change | |
| Longs | 36% | 31% | 13.89% | |
| Shorts | 64% | 69% | -7.81% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Buy | Buy | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Sell | |
| Alligator (13; 8; 5) | Neutral | Neutral | Buy | |
| SAR (0.02; 0.2) | Buy | Sell | Buy | |
| Aggregate | ⇒ | ⇒ | ⇗ | |
In the short-term, an idea expressed yesterday was correct. The currency exchange rate, indeed, started to slip to the bottom and this downside movement could continue, if the pair had not met the 100-hour SMA near 129.04. This technical indicator appeared to be strong enough to force the Euro to start advancing against the Yen once again.
If today the currency pair will manage to bypass a combination of the 200-hour SMA and the monthly PP at 129.78, this will confirm an existence of a short-term ascending channel. Simultaneously, this will confirm that the March 2016 high at 128.18 was a turning point for the then-downtrend.
Most probably, in the upcoming days the currency rate is going to try to soar to the 131.31 level, which represents a point, from which it started to fall two weeks ago.