No change to the EURJPY negativity – Analysis – 16-7-2021

Economies.com
2021-07-16 09:20AM UTC

Despite the EURJPY pair’s correctional bullish wave that it formed yesterday, that will not affect the main bearish track due to the frequent stability below 131.10 barrier, also, stochastic continues to provide the negative momentum to increase the negative pressures and continue to suggest the negative trades until reaching the negative stations near 128.75 and 126.60.

 

The expected trading range for today is between 130.50 and 128.75

 

The expected trend for today: Bearish

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