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EURJPY Pauses Bullish Action; Support at 20-SMA
EURJPY pivoted higher after its three-day downfall from the 15-year high of 151.60 paused near the 20-day simple moving average (SMA) at 147.78. The recovery mode, however, stalled immediately on Monday as the bulls could not preserve strength above the 23.6% Fibonacci retracement of the 138.81-151.60 upleg at 148.58 despite rising as high as 149.25. […] The post EURJPY Pauses Bullish Action; Support at 20-SMA appeared first on Action Forex...
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Posted: May 9 2023, 08:30
Author Name: actionforex
Views: 110770