The EURJPY repeats the pressure on the barrier – Analysis – 22-11-2022

The EURJPY pair returned to form new positive wave to press on 145.65 barrier that hinders the chances of renewing the positive attempts, while we will keep suggesting the domination of the correctional bearish bias that might target 143.85.

On the other hand, facing strong positive pressures and breaching the current barrier will cancel the negative overview to start forming new bullish waves that might push it to reach 146.20 and 146.80 levels.

The expected trading range for today is between 145.65 and 144.50

The expected trend for today: Bearish