The EURJPY hits solid barrier – Analysis – 22-7-2022
Economies.com
2022-07-22 08:44AM UTC
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
The expected trend for today: Bearish temporarily
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