The EURJPY fluctuates below the resistance – Analysis – 18-7-2022

Economies.com
2022-07-18 05:57AM UTC

No change to the EURJPY pair’s negative track due to the frequent consolidation below 140.10 resistance line, to increase the chances of forming new bearish waves now, also, stochastic attempt to provide the negative momentum will increase the chances of renewing the negative attempts, to keep waiting to reach 138.30 followed by pressing on 136.75 obstacle.

 

The expected trading range for today is between 140.10 and 138.30

 

The expected trend for today: Bearish

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