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EURJPY continues rebound from 2½-month low But meets obstacles in race towards 161 level EURJPY has bounced back by more than 2% from the early December two-and-a-half-month low of 156.16. But the rebound has had a setback today, failing to get past the 20-day simple moving average (SMA) at 160.51. The momentum indicators remain bullish, however, so […]

The post EURJPY Aims for 161.00, Gets Blocked by 20-Day SMA appeared first on Action Forex.

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