EURJPY is recovering from its spike below the 133.00 mark, where the rising 100-day simple moving average (SMA) underpinned the price, following one-month of declines from the multi-year peak of 140.00. Despite the recent retracement in the pair, the ascending SMAs are endorsing the positive outlook. The Ichimoku lines indicate that negative forces have softened, […]
The post EURJPY Finds Footing But Buyers Not Out of the Woods Yet appeared first on Action Forex.
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