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The EURJPY hits solid barrier – Analysis – 22-7-2022

2022-07-22 08:44:52 GMT (Economies.com)
The EURJPY hits solid barrier – Analysis – 22-7-2022
 

The EURJPY pair hit the positive target at 142.20 yesterday, to form solid barrier against the bullish attempts and force the price to rebound quickly towards 139.50, to threat the positive stability for the current trades.

 

In case the price continued to fluctuate below 140.20 and stochastic provided the negative momentum, we expect to renew the correctional negative attempts in order to reach 138.50 and 136.80 levels.

 

The expected trading range for today is between 140.20 and 138.50

 

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The expected trend for today: Bearish temporarily

 
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  Symbol Last Change Chg.%
EUR/USD
1.0265
0.0067
0.6597%
Midday update for the EURUSD 12-08-2022
GBP/USD
1.2139
0.0022
0.1816%
Silver
20.583
0.219
1.075%
Oil
92.262
3.784
4.277%
Midday update for Crude oil 12-08-2022
Brent Oil
97.88
-1.74
1.75%
Gold
1796.970
15.295
0.859%
Midday update for Gold 12-08-2022
 
 
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