The EURJPY fails to confirm the breach – Analysis – 23-10-2019
Economies.com
2019-10-23 06:37AM UTC
The EURJPY pair didn’t succeed to surpass 50% Fibonacci correction level at 121.30, to notice its fluctuation negatively, to settle within the bearish channel levels that appears in the above image.
And stochastic reach below 50 level confirms suffering extra negative pressures, to increase the chances for forming an extra negative pressures, to increase the chances for forming a negative fluctuation to target 120.00 level reaching to 119.45.
The expected trading range for today is between 122.10 and 120.30
The expected trend for today: Bearish
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