{video}EURJPY looks to be undecided over the last two weeks, following the decline from the high of 121.46. Furthermore, momentum seems to have evaporated, something also backed by the 40- and 100-period simple moving averages (SMAs), which are turning slightly sideways. The short-term oscillators, although suggest a dry up in directional momentum, are reflecting a marginal improvement in the positive picture. The MACD is above its red trigger line and has just moved above zero into the positive zone, while the RSI is hovering around its neutral mark in the bullish region. Moreover the 200-period SMA is rising ... (full story)