Technical Analysis – EURJPY bearish within sideways channel

EURJPY is retreating during today’s European session while it has been trading within a narrow range over the last almost two weeks, with upper boundary at the 136.20 resistance level and lower boundary at the 135.15 support barrier. The pair managed to crawl back towards 135.15 after the bounce off the mid-level of the Bollinger band and a break below the narrow range could […]