The EURJPY seeks the negative momentum – Analysis – 22-2-2021
Economies.com
2021-02-22 06:02AM UTC
The EURJPY pair continued to fluctuate within the sideways range represented by 128.30 resistance and 127.45 support line, to block the attempt to resume the previously expected bearish trend.
We expect to gather the negative momentum soon, and continue to fluctuate below the mentioned resistance, allowing us to expect forming strong bearish waves to surpass 127.45 and start recording the negative targets by moving towards 126.72 and 126.05 levels.
The expected trading range for today is between 128.30 and 126.72
The expected trend for today: Bearish
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