EURJPY Grips Negative Direction Within a Ranging Market

Feb 7, 2024 - 10:51
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<p>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 [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/358065-eurjpy-grips-negative-direction-within-a-ranging-market/">EURJPY Grips Negative Direction Within a Ranging Market</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
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