The EURJPY records the second target – Analysis – 2-4-2020
Economies.com
2020-04-02 08:19AM UTC
The EURJPY pair resumed its negative attack yesterday by declining below 118.50 level, to notice moving towards the second target direct at 117.65, confirming the affection by the bearish bias domination.
We expect stochastic to continue providing the negative momentum, which approaches 20 level now, to form additional negative trades and ease the chances reaching 116.65 level, which breaking it will extend trades towards the historical support near 115.82.
The expected trading range for today is between 118.50 and 116.65
The expected trend for today: Bearish
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