The EURJPY approaches the main target – Analysis – 19-6-2020
Economies.com
2020-06-19 08:24AM UTC
The EURJPY pair formed new negative attack yesterday, confirming surrendering to the domination of the bearish bias caused by the consolidation within the main bearish channel that appears on the chart.
Stochastic begins to provide the negative momentum to provide the price with new negative momentum to manage to reach 119.25 level, which breaking it will move the price into new negative track to expect moving towards 118.20 and 116.65 levels.
The expected trading range for today is between 120.80 and 119.25
The expected trend for today: Bearish
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