The EURJPY eases the way to a new decline – Analysis – 26-9-2019

Economies.com
2019-09-26 07:33AM UTC

The EURJPY pair kept its stability within the negative range by its fluctuation below 23.6% Fibonacci correction level at 118.40 besides providing a new negative momentum by stochastic by its fluctuation within the oversold level.

 

And that makes us keep our negative expectation, to keep waiting for forming an extra negative attack, to target 117.20 level and breaking it might the losses to 116.55, to form the main target of the bearish bias.

 

The expected trading range for today is between 118.50 and 117.20

 

The expected trend for today: Bearish

 

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