Category: Forex News, News
The EUR/USD price seeks a bottom to boost it higher – Forecast today
The USD/JPY price settled slightly higher in latest intraday trading, while moving within an upward correctional price channel in the short term, as the price also benefits from positive support due to trading above the 50-candle SMA.
We also see positive signals emerging from the Stochastic after reaching oversold levels compared to the price’s movements, hinting at positive divergence, which boosts the upward scenario.
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Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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