The EURJPY repeats the negative closings – Analysis – 17-2-2020
Economies.com
2020-02-17 07:47AM UTC
No change for the EURJPY pair’s bearish track that remains stable below 120.30 barrier, to increase the chances of resuming the negative attack and keep waiting to provide new pressure on 118.55 level, which breaking it might extend trades towards 117.50 in the upcoming period.
Stochastic consolidation within the oversold areas support the negative overview, to increase the chances of gathering the negative momentum and eases the mission of reaching the mentioned negative stations.
The expected trading range for today is between 119.80 and 118.55
The expected trend for today: Bearish
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