The EURJPY colored by red – Analysis – 2-8-2022
Economies.com
2022-08-02 06:46AM UTC
The EURJPY pair continued to form strong negative trades affected by stochastic negativity, noticing that it moves towards 134.00 to achieve the targets mentioned in our last report.
The price might form some sideways fluctuation, while that won’t affect the correctional bearish track to keep waiting to target new negative stations that might extend towards 133.50 level, while breaking this obstacle will push the price to suffer additional losses by moving towards 131.95.
The expected trading range for today is between 134.80 and 133.50
The expected trend for today: Bearish
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