| Positions | Today | Yesterday | % Change | |
| Longs | 51% | 39% | 23.53% | |
| Shorts | 49% | 61% | -24.49% | |
| Indicator | 4H | 1D | 1W | |
| MACD (12; 26; 9) | Sell | Sell | Buy | |
| RSI (14) | Neutral | Neutral | Neutral | |
| Stochastic (5; 3; 3) | Sell | Sell | Buy | |
| Alligator (13; 8; 5) | Sell | Neutral | Buy | |
| SAR (0.02; 0.2) | Sell | Sell | Buy | |
| Aggregate | ⇓ | ⇘ | ⇑ | |
[ANNOUNCE] After testing the weekly PP at 132.41 early on Tuesday, the common European currency edged slightly lower, but nevertheless remained stable against the Yen. [/ANNOUNCE]
This session started with the rate testing the psychological 132.00 mark for several hours. This level, however, held strong, especially given the massive resistance cluster nearby formed by the 55-, 200– and 100-hour SMAs, the 38.2% Fibo and the weekly PP in the 132.15/50 territory.
Is it likely that this cluster pressures the rate south past the weekly S1 and the two-month low of 131.50. This fall, however, should not be long-lasting, as technical oscillators would soon break out from the oversold area.
Subsequently, the rate might re-test the aforementioned resistance, but, given its strength, remain near 132.00.