EUR/JPY Sets For Breakout

<p>The common European currency has declined by 69 pips or 0.57% against the Japanese Yen on Wednesday. The currency pair reversed from the 50– hour simple moving average resistance level at 122.28 during yesterday’s trading session. As for the near future, the EUR/JPY currency exchange rate could continue to edge lower. Bearish traders are likely […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/302555-eur-jpy-sets-for-breakout-4/">EUR/JPY Sets For Breakout</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>