EURJPY Aims for Higher Highs; June’s Resistance in Focus

EURJPY stepped on the short-term ascending trendline, as it halted last week’s pullback from the new eight-year high of 145.62. With the price trading comfortably above its upward-sloping simple moving averages (SMAs) and the momentum indicators hovering within the bullish territory despite their flat trajectory, upside moves are more likely than downside ones. Specifically, the RSI is a long […]

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