The EURJPY awaits more decline – Analysis – 14-9-2021

Economies.com
2021-09-14 05:20AM UTC

The EURJPY price provided negative trading yesterday, and begins today with slight rise to test the moving average 55 that forms an intraday resistance against the price, waiting for resuming the decline that targets 129.25 then 128.80 mainly.

 

On the other hand, you should be aware that breaching 130.85 will stop the expected decline to resume the main bullish wave again.

 

The expected trading range for today is between 130.60 and 129.20

 

The expected trend for today: Bearish

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