The EURJPY ends the bullish rebound – Analysis – 3-5-2019

Economies.com
2019-05-03 08:00AM UTC

The EURJPY pair ended the correctional bullish attempts by recording 125.22 level recently, noticing recording bearish wave to attempt to return to the main bearish track by settling below 124.50, while stochastic attempt to provide additional negative momentum by declining below 50 level will increase the chances of targeting new negative levels to expect reaching 124.10 followed by attempting to press on 123.50 support.

 

The expected trading range for today is between 125.00 and 124.10

 

The expected trend for today: Bearish

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