EUR/JPY analisys and price outlook
Hi Firends...!EUR/JPY ran out of bullish steam around a new 3-year high of 134.11 last week, with the price shifting southwards to seek support near the 20-day simple moving average (SMA) at 133.13.
The pair is currently trading comfortably above the key ascending trendline, and the positive gap between the 20- and 50-day SMAs has further widened, increasing speculation that the upward pattern could see more extensions before fading out.Good Luck n tacke care
The pair is currently trading comfortably above the key ascending trendline, and the positive gap between the 20- and 50-day SMAs has further widened, increasing speculation that the upward pattern could see more extensions before fading out.Good Luck n tacke care
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