The EURJPY postpones the decline – Analysis – 12-12-2022

The EURJPY pair faced mew positive pressures this morning to postpone the decline and form bullish wave to settle near the additional barrier at 144.10.

Note that the continuous positive pressures might force it to surpass the current barrier, to expect forming correctional bullish waves that might push it to achieve some gains by reaching 144.60 followed by pressing on the bearish channel’s resistance at 144.90.

The expected trading range for today is between 143.85 and 144.60

The expected trend for today: Bullish