The EURJPY hits some targets – Analysis – 8-7-2021

Economies.com
2021-07-08 06:09AM UTC

The EURJPY pair kept its bearish track by providing new negative close below 131.10 level, to notice forming strong negative attack and record more negative targets by reaching 130.10.

 

Stochastic continuous negative momentum signals and the moving average 55 stability above the current price allow us to suggest more negative attempts that might target 129.50 and 128.75 levels.

 

The expected trading range for today is between 130.65 and 129.50

 

The expected trend for today: Bearish

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