The EURJPY keeps the bearish correctional track– Analysis – 15-6-2022

There is no change on the EURJPY pair’s price bearish correctional track, due to its repeated negative stability below the barrier near 142.25, and the continuation of providing negative momentum by stochastic will increase the chances for forming new negative rally, which allows it to reach near 139.60 and breaking this obstacle might extend the losses to 137.90, which forms an extension for an important support as appears in the above image.

While surpassing the mentioned barrier will end the negative trading, which provides chance for forming new bullish waves, to expect reaching 143.20, then repeat the pressure on the top at 144.25.

The expected trading range for today is between 141.30 and 139.60

The expected trend for today: Bearish