EURJPY’s Ascent Retraces, Loading for Another Run Up

<p>EURJPY despite the recent pullback in price maintains its bullish bias above the simple moving averages (SMAs) and the Ichimoku cloud. The current horizontal Ichimoku lines reflect a pause in price appreciation, while the short-term oscillators suggest some weakening in positive sentiment. The MACD in the positive region has flattened above its red signal line, […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/298866-eurjpys-ascent-retraces-loading-for-another-run-up/">EURJPY’s Ascent Retraces, Loading for Another Run Up</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>