EURJPY Grips Negative Direction Within a Ranging Market

EURJPY’s decrease from the 127.34 area appears paused, surrounded by the congested simple moving averages (SMAs). The falling red Tenkan-sen line and the topping blue Kijun-sen line are promoting the recent fading in price, while as the pair stands the relatively neutral SMAs are backing no clear price direction. The short-term oscillators are also conveying […]
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