Technical Analysis – EURJPY falls back to lower end of range; decline loses momentum
EURJPY has fallen back down to the lower end of its 2-month range. The pair is in a bearish phase in the short-term but neutral in the medium term, trapped between 131.50 and 134.50 since late September. The sharp drop from the November 15 high of 133.87 appears to have become exhausted and the market […]