The EURJPY begins to decline – Analysis – 3-2-2023

Economies.com
2023-02-03 09:09AM UTC

The EURJPY pair surrendered to the additional resistance 141.80 to start activating the previously waited bearish track and notice recording the first target by reaching 140.25 support line.

 

The major indicators agree to provide the negative momentum to increase the chances of achieving the required break, to confirm its preparation to target more negative stations and wait to reach 139.40 and 138.70 levels.

 

The expected trading range for today is between 140.80 and 139.40

 

The expected trend for today: Bearish

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