The EURJPY fluctuates below the resistance – Analysis – 07-12-2020

Economies.com
2020-12-07 06:32AM UTC

The EURJPY pair did not succeed to breach 126.85 extended target, to keep the correctional bearish track and notice its fluctuation near 126.25, noting that stochastic attempt to crawl out of the overbought areas will provide the price with new negative momentum to ease the mission of recording the correctional negative targets that might start at 125.75 followed by 125.25.

 

The expected trading range for today is between 126.85 and 125.75

 

The expected trend for today: Bearish

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