EURJPY Buyers Contest Decline and Break of MAs

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EURJPY Buyers Contest Decline and Break of MAs

EURJPY bulls are pushing back after the converged simple moving averages (SMAs) failed to halt fresh plunges in the price. The SMAs are lacking any definitive trend suggestions but could now prove to be a tougher barrier for buyers to overstep. The short-term oscillators are signalling that negative impetus in the pair has lost some […]

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