EURJPY is holding above the bullish crossover within the 20- and 40-day simple moving averages (SMAs) but the current momentum is negative. The RSI indicator is pointing downwards around the neutral threshold of 50; however, the stochastic oscillator is approaching the overbought territory, showing some signs for more increases. If the market manages to pick […]
The post EURJPY Finds Some Rest Near the Short-Term SMAs appeared first on Action Forex.
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