Technical Analysis – EURJPY bounces on 20-day SMA but caution remains
EURJPY charted a higher high at a 13-month peak of 124.42 early this month, increasing speculation that the long-term downtrend started in 2018 has reached a bottom. Although the peak took the form of a bearish doji in the end of the day, pressuring the price to 120.24 in the subsequent sessions, the 20-day simple moving average […]