EURJPY buyers are fighting back after recording a one-month low of 128.24, where a support base has developed during this past week. That said, the 200-period simple moving average (SMA) is endorsing a broader neutral bias, while the bearish 50- and 100-period SMAs are defending the descent in the pair. Worth mentioning is a nearing […]
The post EURJPY Consolidates as Bearish Tone Softens appeared first on Action Forex.
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