EURJPY Rotates Higher, But Trend Risks Remain

<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2020/03/f-eur-jpy13.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2020/03/f-eur-jpy13.jpg 612w, https://www.actionforex.com/wp-content/uploads/2020/03/f-eur-jpy13-600×450.jpg 600w, https://www.actionforex.com/wp-content/uploads/2020/03/f-eur-jpy13-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2020/03/f-eur-jpy13-265×198.jpg 265w, https://www.actionforex.com/wp-content/uploads/2020/03/f-eur-jpy13-560×420.jpg 560w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>EURJPY pauses sharp downfall near 200-day SMA Oversold, but trend signals remain discouraging EURJPY turned oversold near its 200-day simple moving average (SMA) after a heavy bearish storm squeezed the pair from fifteen-year highs to a four-month low of 153.00 last week. The latest freefall in the price has breached the June-November bullish channel, charting a new lower […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/531393-eurjpy-rotates-higher-but-trend-risks-remain/">EURJPY Rotates Higher, But Trend Risks Remain</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>