Technical Analysis – EURJPY bears back into the game; uptrend line acts as support
EURJPY has reversed back down again after finding resistance at the 135.80 barrier during yesterday’s and today’s trading sessions. The pair has been developing lower, reaching the ascending trend line, which has been standing since August 18. Additionally, over the last hours, prices broke below the 23.6% Fibonacci retracement level at 135.12 of the up-leg from 127.45 […]