EURJPY Consolidates as Bulls Fear Intervention

<p>EURJPY has been in a prolonged uptrend since the beginning of the year, posting consecutive multi-year highs. However, in the last week, the pair has been flat near 15-year peaks, with buyers struggling to push the price higher on fears of an impending intervention by Japanese authorities. The momentum indicators currently suggest that bullish forces […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/515364-eurjpy-consolidates-as-bulls-fear-intervention/">EURJPY Consolidates as Bulls Fear Intervention</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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