The EURJPY resumes the decline – Analysis – 29-11-2021

Economies.com
2021-11-29 07:42AM UTC

The EURJPY pair surrendered to the frequent negative pressures to notice forming strong negative wave and crawl below the major support 128.10, suffering additional losses by touching 127.48.

 

Facing continuous negative pressures will force the price to resume the negative attack, to expect targeting new negative stations that might extend towards 127.20 followed by 126.80 levels.

 

The expected trading range for today is between 128.70 and 127.20

 

The expected trend for today: Bearish

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