EURJPY expected to remain in medium-term range; risk tilted to upside

EURJPY has a more positive bias today after breaking above the shorter-period moving average (20-MA) on the 4-hour chart. There was a bullish crossover of the 20 with the 50-period MA. The pair’s failure to make a sustained break below the bottom of the medium-term range at 131.50 has kept the ma...

EURJPY expected to remain in medium-term range; risk tilted to upside