The EURJPY keeps the bearish track – Analysis – 24-6-2020
Economies.com
2020-06-24 05:18AM UTC
The EURJPY pair confirmed its affection by the bearish bias domination by providing new negative close below the bearish channel’s resistance at 121.75, to rebound towards 120.60 this morning, while stochastic begins to provide the negative momentum by approaching 50 level, allowing us to suggest more bearish attempts that might target 119.05 initially, while surpassing it will push the price to enter the minor bearish channel and increase the chances of targeting 118.20 in the upcoming period.
The expected trading range for today is between 121.00 and 119.05
The expected trend for today: Bearish
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