The EURJPY faces solid support – Analysis – 21-7-2021
Economies.com
2021-07-21 05:08AM UTC
The EURJPY pair faced strong additional support at 128.70, to form positive rebound towards 129.40 and postpone the main expected bearish attack.
Note that the moving average 55 consolidation below the additional resistance 130.75 allows us to wait to gather the negative momentum again, to manage to break the current support and resume recording the negative targets at 128.35 and 127.50.
The expected trading range for today is between 129.60 and 128.35
The expected trend for today: Bearish
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