EURJPY is negative – Analysis – 19-10-2018
Economies.com
2018-10-19 08:56AM UTC
The EURJPY pair showed negative trades recently, confirming the affection by the bearish bias domination, to break 38.2% Fibonacci correction level and notice its approach to the first negative target at 128.05, while stochastic decline towards 20 level reinforces our bearish overview by providing new negative momentum, to increase the chances of breaking the targeted support and open the way to record additional targets that might start at 126.90.
Expected trading range for today is between 129.00 and 128.05
Expected trend for today: Bearish
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