EURJPY is rising above the descending channel and near the Ichimoku line, suggesting an upside retracement over the last couple of days. According to the simple moving averages (SMAs), the 20-day SMA completed a bullish crossover with the 40-day SMA, confirming the positive move around the 125.00 handle. The RSI indicator is approaching the overbought
The post EURJPY Shows Signs For Bullish Retracement Around 125.00 appeared first on Action Forex.
EURJPY is rising above the descending channel and near the Ichimoku line, suggesting an upside retracement over the last couple of days. According to the simple moving averages (SMAs), the 20-day SMA completed a bullish crossover with the 40-day SMA, confirming the positive move around the 125.00 handle. The RSI indicator is approaching the overbought […]
The post EURJPY Shows Signs For Bullish Retracement Around 125.00 appeared first on Action Forex.