EURJPY Battles with 131.60, Below Falling Trend Line

<p>EURJPY has been in a battle with the 131.60 support level over the last couple of sessions, holding below the long-term descending trend line. It is worth to mention that the price remains well above the 200-day simple moving average (SMA) as well as above the short-term SMAs, which are ready for a bullish crossover. [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/428708-eurjpy-battles-with-131-60-below-falling-trend-line/">EURJPY Battles with 131.60, Below Falling Trend Line</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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