The EURJPY resumes the decline – Analysis – 11-7-2019

Economies.com
2019-07-11 06:04AM UTC

The EURJPY pair tested 122.05 level and bounced bearishly from there, to keep the bearish trend valid and active in the upcoming sessions, supported by the negative pressure that comes by the EMA50, as the price continues to move inside the bearish channel that appears on the chart, reminding you that our main waited targets begin at 120.30 and extend to 119.60.

 

The expected trading range for today is between 122.10 and 120.30

 

The expected trend for today: Bearish

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