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Forex news -forex broker review => Forex => Topic started by: forex4you on Jun 06, 2024, 06:40 am

Title: EUR/JPY Price Analysis: Momentum shifts, bulls recover 20-day SMA
Post by: forex4you on Jun 06, 2024, 06:40 am
EUR/JPY Price Analysis: Momentum shifts, bulls recover 20-day SMA

In Wednesday's session, the EUR/JPY pair witnessed a shift in momentum as buyers stepped in to recover the 20-day Simple Moving Average (SMA) at 169.40, supported by a recovery in the Yen against its peers.

Source: EUR/JPY Price Analysis: Momentum shifts, bulls recover 20-day SMA (https://www.fxstreet.com/news/eur-jpy-price-analysis-momentum-shifts-bulls-recover-20-day-sma-202406052045)