EURJPY Signals Downtrend Continuation Within Channel

<p>EURJPY posted another lower low at 119.81 after crossing below the trendline that has been supporting the rebound from the 3½-year trough of 114.42, raising speculation that the market may keep trending within a downward-sloping channel. The break below the Ichimoku cloud and the RSI’s bearish location is another discouraging signal. Currently the 120.50 former […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/304491-eurjpy-signals-downtrend-continuation-within-channel/">EURJPY Signals Downtrend Continuation Within Channel</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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