Technical Analysis – EURJPY loses steam; confined below 200-MA
EURJPY appears to be curbed by the 200-period simple moving average (SMA) currently at 120.95, succeeding a second push off the 120.16 support, which resulted in buyers keeping the pair above a supportive trendline drawn from 3 September 2019. The short-term oscillators suggest a slight strengthening in negative momentum. The MACD has slipped back below […]