Technical: EURJPY hits fresh 2-month high as rebound strengthens

{video}EURJPY has been in a downtrend since mid-October when the price peaked at the eight-year high of 148.39. In the short-term, however, the pair has staged a moderate rebound despite the completion of a death cross between its 50- and 200-day simple moving averages (SMAs). The momentum indicators currently suggest that bullish forces are intensifying. ...     Alert Mar 1, 2023, 6:55pm Technical: EURJPY hits fresh 2-month high as rebound strengthens {video}EURJPY has been in a downtrend since mid-October when the price peaked at the eight-year high of 148.39. In the short-term, however, the pair has staged a moderate rebound despite the completion of a death cross between its 50- and 200-day simple moving averages (SMAs). The momentum indicators currently suggest that bullish forces are intensifying. ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support