The EURJPY records the main target – Analysis – 22-6-2020
Economies.com
2020-06-22 05:13AM UTC
The EURJPY pair succeeded to reach the main target at 119.30, to form the extension of key support line as appears on the chart, while the upcoming scenario depends on the strength of this support, to expect the beginning of forming correctional bullish rebound that might push it to reach 120.60 and 121.40 levels.
On the other hand, facing continuous negative pressure and crawling below the current support will allow the price to keep declining to target more negative levels that start at 118.20 and 116.65.
The expected trading range for today is between 119.25 and 120.60
The expected trend for today: Bullish
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