The EURJPY repeats the negative closings – Analysis – 28-6-2022

Economies.com
2022-06-28 05:20AM UTC

The EURJPY pair repeated the negative closings below 144.25 recorded high, which forms strong obstacle against the attempt to resume the bullish attack for now, which allows us to keep the correctional bearish overview for the near term and medium term period.

 

The above chart shows stochastic continuous negative waves, to increase the chances of gathering the negative momentum, to keep waiting to touch the negative stations at 142.20 followed by reaching 140.90.

 

The expected trading range for today is between 143.70 and 142.20

 

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The expected trend for today: Bearish

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