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The EURJPY prepares for new decline – Analysis – 18-8-2021
Despite the EURJPY pair’s recent slow trades, that will not affect the negative stability, due to the stability of 128.80 barrier in addition to stochastic continuous negative momentum signals.
Therefore, we will keep our bearish overview, reminding you that the current negative targets are located near 128.15 followed by reaching 38.2% Fibonacci correction level at 126.65.
The expected trading range for today is between 129.10 and 128.15
The expected trend for today: Bearish
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