EURJPY increasingly bearish after break below 130

EURJPY’s outlook has turned increasingly bearish following a retreat from the August 30 high of 131.70. Technical signals on the 4-hour chart are bearish. The market has fallen below the Ichimoku cloud while the Tenkan-sen has crossed below the Kijun-sen line. Momentum oscillators like RSI and MACD...

EURJPY increasingly bearish after break below 130