Technical Analysis – EURJPY tackles mid-band to accelerate pullback

EURJPY is attempting to conquer the mid-Bollinger band around 116.30 and the nearby 116.51 high after building confidence in the previous few sessions. The positive price action from the freshly formed 3½-year low of 114.423 is also reflected in the short-term technical oscillators. The MACD, distanced into the negative region has pushed above its red […]