EUR/JPY Breakout Likely To Occur

<p>The common European currency fell by 54 points or 0.42% against the Japanese Yen on Thursday. The 50– hour simple moving average pressured the currency pair lower during yesterday’s trading session. Currently, the EUR/JPY exchange rate is trading near the lower line of a descending channel pattern and could be set for a breakout. If […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/353552-eur-jpy-breakout-likely-to-occur/">EUR/JPY Breakout Likely To Occur</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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