The EURJPY settles below the moving average – Analysis – 26-1-2023
Economies.com
2023-01-26 06:18AM UTC
The EURJPY pair returned to provide some negative trades to settle below the moving average 55, to form additional barrier at 141.70 and support the domination of the previously suggested bearish bias.
Also, stochastic attempt to exit the overbought areas will increase the negative pressures, providing chances to form strong negative trades, waiting to target 140.25 and 139.15 levels soon.
The expected trading range for today is between 142.00 and 140.25
The expected trend for today: Bearish
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