EURJPY hovers below the resistance – Analysis – 27-11-2018
Economies.com
2018-11-27 07:58AM UTC
The EURJPY pair still stable negatively below the bearish channel’s resistance at 128.95, to support the previously suggested negative overview, expecting to gather new negative momentum to start forming strong negative trades and target 127.80 level, while breaking this barrier will extend trades towards 126.60 in the upcoming period.
Stochastic releases from the overbought areas confirms getting rid of the positive pressures, to increase the chances of gathering the required negative momentum to record the suggested targets.
Expected trading range for today is between 128.95 and 127.80
Expected trend for today: Bearish
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