The EURJPY records some of the negative targets – Analysis – 26-9-2022
Economies.com
2022-09-26 05:29AM UTC
The EURJPY pair is affected by the bearish bias domination after it provided several negative closes below 141.10 level, to notice by the above image forming strong bearish waves, achieving some of the targets by reaching 137.35.
The attempt of 23.6% Fibonacci correction level at 139.70 to form an extra support and the continuation of providing negative momentum by stochastic, make us expect renewing the negative attempts in order to reach 136.70, and breaking it might extend the losses towards 135.55 in the medium period.
The expected trading range for today is between 139.30 and 137.00
The expected trend for today: Bearish
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