The EURJPY faces many negative pressures – Analysis – 2-7-2019
Economies.com
2019-07-02 07:49AM UTC
The EURJPY pair faced many negative pressures, as the stability of 123.50 barrier against the bullish attempts besides stochastic providing negative momentum by declining towards 50 level.
These factors confirm stopping the bullish attack to notice the price move towards 122.30 level and expect resuming the negative fluctuation with chances to target the initial support 121.00, followed by monitoring the price behavior to manage to detect the expected targets of the upcoming period.
The expected trading range for today is between 123.00 and 121.00
The expected trend for today: Bearish
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