- EUR/JPY is coming under particular pressure, approaching 161.00.
- Immediately below now comes the 55-day SMA.
EUR/JPY it is retreating for the fourth session in a row and will visit multi-session lows near 161.20 on Tuesday.
In the short term, other negative values appear well on the cards of the cross.
Losses could then accelerate to the provisional 55-day SMA at 158.93 before the provisional 100-day SMA at 158.07.
For now, the longer-term positive outlook for the crossover appears to be favorable, while above the 200-day SMA, at 152.88 today.
