Technical Analysis – EURJPY holds below downtrend line, undecided in near-term
EURJPY looks to be lacking direction lately with the price currently trading between the 200- and 50-period simple moving averages (SMAs). The mostly neutral picture is also reflected in the short-term oscillators, though the stochastics lean more to a negative mode as the blue %K line has completed a bearish crossover with the red %D […]