EURJPY had been on a steady short-term recovery before experiencing a massive decline on the back of the BoJ’s latest decision to widen the band of its Yield Curve Control policy. For now, the retreat has come to a halt at the crucial 200-day simple moving average (SMA, but downside pressures persist. The momentum indicators […]
The post EURJPY Plummets after BoJ Surprises, 200-day SMA Caps Losses appeared first on Action Forex.
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