EUR/JPY Holds Above Key Moving Averages, Bullish Bias Intact
EUR/JPY trades around 186.20 on Tuesday, staying above its nine- and 50-period EMAs, which suggests a bullish near-term bias.
EURJPY
EUR/JPY is changing hands near 186.20 during Asian trading on Tuesday, following two consecutive days of losses. The cross remains above both the nine-period and 50-period exponential moving averages.
This positioning reinforces a bullish near-term technical bias, with the broader uptrend still intact as long as the pair holds above these key levels.
Source: FXStreet Forex News