The EURJPY moves slowly – Analysis – 23-3-2023
Economies.com
2023-03-23 06:07AM UTC
The EURJPY pair returned to provide slow sideways trades due to the contradiction between the main stability within the bearish channel and stochastic attempt to provide the positive momentum, to fluctuate near 142.50 now without achieving any new negative target.
We will keep waiting to gather the additional negative momentum to ease the mission of declining below the MA55 at 142.20 followed by attempting to record some negative targets by crawling towards 141.40 followed by pressing on 140.25 obstacle.
The expected trading range for today is between 143.00 and 141.40
The expected trend for today: Bearish
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