EURJPY Testing Key Resistance Levels and Poised for Break Below Crucial MA on 4-Hour Chart
Friday, 5 April 2024, 01:15
EURJPY Testing Swing Area and Moving Average
The EURJPY currency pair is currently testing key resistance levels and is poised to break below a crucial Moving Average on the 4-hour chart. This signifies a critical juncture for the pair's performance.
Bearish Bias and Short-Term Outlook
The pair has a bearish bias in the short term, with traders monitoring closely for a potential downside move below the crucial Moving Average.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.