EURJPY Eyes Recent Peak, But Will the Uptrend Resume?

<p>EURJPY climbed back above its 20-day simple moving average (SMA), aiming to push its 2023 uptrend above last week’s high of 159.47. The upward-sloping SMAs promote the positive trend in the market, but the technical oscillators can’t warrant stronger bullish momentum in the coming sessions. The RSI is maintaining a negative trajectory above its 50 neutral […]</p>
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