Technical Analysis – EURJPY tests 134 key resistance; recent rally showing signs of weakness

EURJPY remains in a 3-month neutral phase but in the short-term the pair is bullish. On the 4-hour chart, the market is testing key resistance at 134 which is the top of the medium-term range. Near-term upside momentum has faded as can be seen by the RSI turning neutral. EURJPY remains firm but if it […]