The EURJPY might resume the decline – Analysis – 24-6-2022

2022-06-24 07:16:14 GMT (Economies.com)
 

The EURJPY pair moved away from 144.25 recorded high, forming strong correctional bearish waves to consolidate below 142.25, affected by stochastic negativity, to increase the chances of resuming the correctional decline for now.

 

We expect to move towards 141.30 soon, while the continuous negative pressures might push the price to suffer new losses by crawling towards 140.65 and 140.00 levels.

 

The expected trading range for today is between 142.50 and 140.65

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.0345
-0.0097
0.9256%
1.1979
-0.0069
0.5748%
21.319
-0.037
0.171%
78.970
4.541
6.101%
85.33
2.18
2.62%
1752.765
2.290
0.131%
 
 
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