EURJPY Risk Skewed to the Downside; Downtrend in Place

<p>EURJPY has fully-reversed this week’s gains, pulling back below its simple moving averages (SMA) on the four-hour chart and back into the 115.00 territory. More importantly, the downside correction confirmed another lower high at 116.85, further enhancing the bearish trend which started early this year, and with the RSI falling below its 50 neutral mark, […]</p>
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