Technical Analysis – EURJPY cautiously negative around strong monthly-lows

EURJPY sellers have returned the price to the 116.35 low after managing to capitalise on the fact the pair was unable to close above the 118.59 level – that being the 23.6% Fibonacci retracement of the down leg from 127.49 to 115.86 – and the mid-Bollinger band. The short-term oscillators also reflect the recent deterioration […]