Technical Analysis – EURJPY still decreasing near 3-year low

EURJPY flirted with a fresh three-year low of 115.53 on Friday, before returning slightly higher above 116.00 in the very short-term. In the longer timeframe, the price is moving lower over the last three months, remaining well below the short-term simple moving averages (SMAs). Also, the MACD oscillator is extending its downside movement below the […]