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EURJPY Stages Upside Reversal after Harsh Sell-Off

Started by PocketOption, Mar 09, 2022, 04:20 pm

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PocketOption

EURJPY Stages Upside Reversal after Harsh Sell-Off

EURJPY entered a bear market in the long-term picture, falling harshly below its previous lows to bottom at a 16-month low of 124.38 last week. While the 20-day simple moving average (SMA) has just created a double bearish cross with the longer-term SMAs, endorsing the negative trajectory in the market, the RSI and the Stochastics […]


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