EURJPY Capped by 20-day SMA in the Short-term

[PocketOption]

EURJPY Capped by 20-day SMA in the Short-term

EURJPY is easing for the fifth consecutive red day and is being capped by the 20-day simple moving average (SMA). The pair is creating a bearish correction in the short-term timeframe, but it still remains above the long-term uptrend line. Technically, the RSI indicator is moving slightly lower around the neutral threshold of 50, while the stochastic is […]

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