The EURJPY needs new positive momentum – Analysis – 24-11-2022

Economies.com
2 months ago

The EURJPY pair lost its positive momentum to force it to decline again below 145.65 and settle within the sideways track again, which depends on the stability of the additional support at 143.85, reminding you that the main stability within the bullish channel forms major factor to reinforce the bullish scenario, which allows us to wait to gather the required additional momentum to confirm breaching 145.65 and reach the positive targets at 146.20 and 147.10.

 

The expected trading range for today is between 144.20 and 145.65

 

The expected trend for today: Sideways

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