The EURJPY might postpone the rise – Analysis – 12-5-2022
Economies.com
2022-05-12 04:50AM UTC
The EURJPY pair formed correctional negative wave yesterday, affected by stochastic negativity, to hinder the positive attempts by moving towards 136.15.
Facing continuous negative pressures and attempting to settle below 136.50 will confirm postponing the bullish attack, to start suggesting the correctional negative attempts that might target 135.60 and 134.80 levels.
The expected trading range for today is between 136.90 and 135.60
The expected trend for today: Bearish
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