posted by
FXTimes
315 days ago
in EUR, JPY, Technical
made popular 315 days ago
The EUR/JPY topped off last Friday (7/6), falling below the 98.30-98.50 range support area. This also breaks below a rising trendline seen in the daily chart that held a larger degree consolidation that followed a downtrend. The 4H chart shows the RSI swinging from 30 to 70 and now back to 30. It can confirm bearish momentum development if...