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EURJPY struggles to drop beneath 38.2% Fibonacci MACD and RSI have weak momentum EURJPY has been developing within a trading range of 155.15-164.00 over the last couple of months, with strong resistance coming from the 200-day simple moving average (SMA) around 164.40. Technically, the RSI is pointing slightly above the neutral threshold of 50; however, […]

The post EURJPY Moves Within Consolidation Area appeared first on Action Forex.

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