No change to the EURJPY pair’s track – Analysis – 30-1-2020
Economies.com
2020-01-30 07:36AM UTC
No change to the EURJPY pair’s track that keeps fluctuating below 120.30 level, to confirm surrendering to the bearish bias domination and increases the chances of reaching the main targets represented by 119.40 and 118.60 levels.
The price gets its negative momentum by Stochastic stability within the oversold areas, besides the moving average 55 crawl below the main resistance at 120.90, to confirm blocking the price within the negative range until reaching the waited targets.
The expected trading range for today is between 120.30 and 119.40
The expected trend for today: Bearish
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