Technical Analysis – EURJPY plots 28-month low; continues sideways

EURJPY plotted a twenty-eight-month low of 117.51 and then adopted a sideways demeanor over the last week. The pair was unable to push beneath, as momentum dried up, something indicated by the candles as well as the squeeze which formed in the Bollinger bands. The medium-term trend remains negative, also reflected by the 50- and […]