EURJPY still within the bearish range – Analysis – 25-6-2018
Economies.com
2018-06-25 07:00AM UTC
The EURJPY pair remains stable within the bearish channel level generally, affected by the stability of the resistance at 128.80, which confirms the price readiness to renew the negative attempts, reminding you that the main targets are located at 127.00 and 126.10.
Stochastic attempt to form a new bearish wave confirms ending the contradiction with the moving average 55, which provides a new negative momentum, to ease the attempt to reach the suggested targets.
Expected trading range for today is between 128.30 and 126.10
Expected trend for today: Bearish
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