Forex technical analysis: EURJPY fell below MAs and trend line. Momentum increased. - ConsultFX

Forex technical analysis: EURJPY fell below MAs and trend line. Momentum increased.

Pair has been consolidating at 2017 highs over the last few months The EURJPY has moved below the 100 bar MA and 200 bar MA on the 4-hour chart at the 132.908 and the 132.66 levels respectively. It also cracked below an upward sloping trend line at the 132.91 area. The combination has sent the pair Copyright 2015 Forexlive.com