EURJPY Rebounds on 3½-Year Low; Bearish Structure Holds

<p>EURJPY has rebounded from the three-and-a-half-year low of 114.40 over the last session, heading higher towards the 20-period simple moving average (SMA) in the 4-hour chart. According to the technical indicators, the RSI is turning higher from the oversold zone, suggesting the end of the bearish action, while the stochastic is heading towards the overbought […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/293344-eurjpy-rebounds-on-3½-year-low-bearish-structure-holds/">EURJPY Rebounds on 3½-Year Low; Bearish Structure Holds</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>