EUR/JPY pushes toward 185.00 after clearing 50-day EMA
EUR/JPY extends its winning streak to a fourth day, trading around 184.80 in Asian hours after breaking above its 50-day EMA.
EURJPY
EUR/JPY remains bid in Asian trading, changing hands around 184.80. The move extends the pair’s advance to a fourth consecutive session.
The cross has broken above its 50-day exponential moving average, reinforcing the near-term upward bias. Price is now approaching the 185.00 area.
Traders will watch whether momentum can hold above the 50-day EMA and push through the 185.00 round figure.
Source: FXStreet Forex News