The EURJPY is weak – Analysis – 7-4-2022
Despite the EURJPY pair’s attempt to hold above 134.80 level, stochastic continuous negative momentum and the stability below 135.70 obstacle at 135.70 support the domination of the correctional bearish bias for the upcoming period.
Therefore, we will keep our negative overview to expect targeting correctional levels that might start at 133.50 and 132.80.
The expected trading range for today is between 135.70 and 133.50
The expected trend for today: Bearish