menu search

EURJPY Retreats Below 50-day SMA

EURJPY Retreats Below 50-day SMA
EURJPY has been in a prolonged uptrend since early March, generating consecutive multi-year peaks. However, the pair has been losing ground in the short term after its rally paused at the eight-year high of 148.39. The momentum indicators currently suggest that bearish forces are strengthening. Specifically, the RSI has crossed below its 50-neutral mark, while the MACD histogram […] The post EURJPY Retreats Below 50-day SMA appeared first on Action Forex... Read More
Posted: Nov 29 2022, 08:52
Author Name: actionforex
Views: 111626

Search within

Pages Search Results: