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EURJPY Flirts with Weekly Resistance as Trend Signals Flash Green

Started by PocketOption, Feb 03, 2022, 01:20 pm

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PocketOption

EURJPY Flirts with Weekly Resistance as Trend Signals Flash Green

EURJPY slowed its positive pace after Monday's quick bounce off the 128.00 territory, but the 20-day simple moving average (SMA) came to balance the boat, navigating the price gradually above the 129.23 barrier and to a fresh two-week high of 129.58. The bullish intersection between the 20- and 50-day SMAs is feeding hopes that the […]


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