The EURJPY keeps the negative stability – Analysis – 10-5-2019
Economies.com
2019-05-10 08:25AM UTC
The EURJPY pair formed positive rebound recently after recording 122.48 level, to approach 123.50 barrier, while the stability of this barrier supports the attempt to gather new negative momentum and manage to resume the negative attempts that target 122.00 followed by reaching the bearish channel’s support at 120.55.
On the other hand, jumping above the current barrier and providing positive close will postpone the negative overview to force the price to provide new bullish rebound that might target 124.50 level.
The expected trading range for today is between 123.50 and 122.00
The expected trend for today: Bearish
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