The EURJPY prepares the bearish bias – Analysis – 16-3-2023
Economies.com
2023-03-16 05:40AM UTC
The EURJPY pair provided new negative close yesterday below 144.00, to hint keeping the domination of the main bearish bias and notice forming strong negative attack, achieving 139.45 level and bouncing above the additional support at 140.25.
We expect to witness temporary sideways fluctuation until gathering the negative momentum again to ease the mission of confirming breaking the additional support and open the way to resume the negative to reach the additional stations near 139.00 and 138.20 levels.
The expected trading range for today is between 141.55 and 139.00
The expected trend for today: Bearish
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