Technical analysis of the euro against the Japanese yen: The pair is trading in a bullish frame, but it gradually loses the positive momentum and approaches important resistances 131.46 - 132.05. What supports the decline from these resistances is the purification of the negative divergence on the MACD indicator. We advise traders to sell from the mentioned selling level or break the ascending channel on the daily chart
Technically:the pair is bullish, but it is gaining negative momentum over time
