EURJPY skyrocketed to a fresh seven-and-a-half-year high of 145.65 on Monday’s sessions with the technical oscillator suggesting an overbought market. The RSI indicator is turning lower near the 70 level, while the %K and the %D lines of the stochastic oscillator posted a bearish crossover, suggesting an extension to the downside in the short-term timeframe. […]
The post EURJPY Eases after the Rally Towards 7½-Year High appeared first on Action Forex.
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