The EURJPY traders are currently engaged in a tense battle between key moving average (MA) levels, with the intermediate trend hanging in the balance.
The 100-bar MA on the 4-hour chart stands at 156.298, while the 200-bar MA on the same chart lies below at 154.24.
This pivotal moment presents an excellent opportunity for traders to analyze the implications of these MA crossovers and their potential impact on the intermediate trend.
