EURJPY is tumbling below the medium-term ascending trend line, changing the bullish outlook to neutral. The RSI is sloping downwards in the negative region, while the MACD is losing momentum below its trigger and zero lines. In trend indicators, the 20-day simple moving average (SMA) is turning lower, approaching the 40-day SMA for a possible […]
The post EURJPY Seems to be Looking for Downside Correction after 7-Year Highs appeared first on Action Forex.
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