Mon, 15 Nov 2021 09:44:27 GMT
EUR/JPY retraces up to a moving average
On Friday, the EUR/JPY found support in the 130.20/130.30 range. The following recovery lasted into Monday's Asian trading hours, as the pair retraced up to the resistance of the 50-hour simple moving average. By the middle of the day, the SMA appeared to have stopped the pair's recovery.
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