EURJPY Short-Term Outlook Gloomy, But Trendline Still Intact

EURJPY extended Tuesday’s 1.3% loss to a new three-week low of 138.25 during the early European trading hours on Wednesday as the bearish technical signals remained well intact. The RSI has further stretched its downfall below its 50 neutral mark, justifying negative sentiment in the market. Likewise, the MACD keeps decelerating below its red signal line, […]

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