The EURJPY repeats the sideways fluctuation – Analysis – 1-4-2019

Economies.com
2019-04-01 07:06AM UTC

The EURJPY pair was affected by the stability of the initial support 123.50, to force the price to form mixed sideways trades and rebound towards 124.75 level, while we will depend on 125.20 level forming additional resistance to increase the chances of gathering the negative momentum in order to achieve the required break and reach the next negative station at 122.70.

 

The expected trading range for today is between 125.20 and 123.50

 

The expected trend for today: Bearish

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