EURJPY Re-enters Its Bullish Channel

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<p>EURJPY bounces back after 200-day SMA prevents decline Rejoins its bullish setup in place since summer Momentum indicators are within their positive territories Should buying pressures persist, the price may revisit the January high of 161.85. A break above that area could pave the way for the 15-year high of 164.28. Failing to halt there, the […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/536481-eurjpy-re-enters-its-bullish-channel/">EURJPY Re-enters Its Bullish Channel</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>