EUR/JPY testing the 50-hour moving average. The 21-DMA guards a reversal of the correction back to the highs on the 121 handle. On an hourly basis, the cross is down testing the 50-hour moving average, having broken the 21-hour moving average. 120.80 is a key level with the 200-DMA ahead of 119.40/118.80. “Dips lower will find support at the 55-day ma at 118.32/28 ahead of the 117.49 uptrend,” the analysts at Commerzbank argued.” Further out, on the wide, bears can target 115.87 ahead of the 2017 low at 114.86. On the upside, the 21-DMA guards a reversal of the correction back to the highs on the 121 handle. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/JPY weakens from multi-week top as risk-tone dwindles FX Street 3 years EUR/JPY testing the 50-hour moving average. The 21-DMA guards a reversal of the correction back to the highs on the 121 handle. On an hourly basis, the cross is down testing the 50-hour moving average, having broken the 21-hour moving average. 120.80 is a key level with the 200-DMA ahead of 119.40/118.80. "Dips lower will find support at the 55-day ma at 118.32/28 ahead of the 117.49 uptrend," the analysts at Commerzbank argued." Further out, on the wide, bears can target 115.87 ahead of the 2017 low at 114.86. On the upside, the 21-DMA guards a reversal… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
