EURJPY Maintains Negative Tone Despite Bulls’ Efforts

<p>EURJPY is currently stuck around the 117.24 level, that being the 50.0% Fibonacci retracement of the down leg from 119.03 to the 3-year low of 115.44. The pause trails a pivot at the 200-period simple moving average (SMA) after the recent aggressive thrust upwards from the 115.44 low, overran the 50-and 100-period SMAs. Looking at […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/291762-eurjpy-maintains-negative-tone-despite-bulls-efforts/">EURJPY Maintains Negative Tone Despite Bulls’ Efforts</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>