The EURJPY keeps declining – Analysis – 1-8-2022
Economies.com
2022-08-01 06:12AM UTC
There is no escape for the EURJPY pair from resuming the correctional decline by its affection by strong bearish factors, such as the fluctuation below 136.75 level, to form an extra barrier against the current trading, besides stochastic reach to the oversold level.
And that will increase the chances for resuming the correctional decline, reminding you that the stability of the negative targets in the current period near 135.10 and 134.35.
The expected trading range for today is between 136.00 and 134.75
The expected trend for today: Bearish
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