The EURJPY in its way to resume the decline – Analysis – 10-11-2021

Economies.com
2021-11-10 05:59AM UTC

The EURJPY pair provided a new negative close below 23.6% Fibonacci correction level at 130.85, to confirm its surrender to the domination of the expected bearish bias, stochastic fluctuation near 20 level makes us prefer more of the negative attempts, that might target 130.45 reaching to the next support at 129.90.

 

The expected trading range for today is between 131.10 and 130.45

 

The expected trend for today: bearish

 

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