Technical Analysis – EURJPY reverses at 3-month low despite dominating bearish picture
EURJPY reversed from a fresh three-month low of 119.59 but remains capped by the 50-period simple moving average (SMA). The move is backed by the improving momentum indicators and the flattening in the 50-period SMA. The MACD in the negative region is increasing above its red trigger line, while the rising RSI has reached its neutral […]
Technical Analysis – EURJPY reverses at 3-month low despite dominating bearish picture
EURJPY reversed from a fresh three-month low of 119.59 but remains capped by the 50-period simple moving average (SMA). The move is backed by the improving momentum indicators and the flattening in the 50-period SMA. The MACD in the negative region is increasing above its red trigger line, while the rising RSI has reached its neutral […]
