The EURJPY is confined with many negative factors – Analysis – 15-7-2021

Economies.com
2021-07-15 05:58AM UTC

The EURJPY pair has to escape to decline, due to negative factors that start by settling below 131.10 barrier in addition to the major indicators that agree to provide the negative momentum now.

 

Therefore, we will continue to suggest the domination of the bearish bias, expecting to break 129.60 to reach the additional target at 128.75 followed by reaching 126.60 in the medium term period.

 

The expected trading range for today is between 130.70 and 129.00

 

The expected trend for today: Bearish

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