The EURJPY settles within sideways range – Analysis – 14-12-2022
Economies.com
2022-12-14 05:46AM UTC
The EURJPY pair declined again below 144.75, to postpone the bullish rally and settle within sideways track represented by 143.30 support and 144.60 resistance.
We expect to surrender to the sideways trades, waiting to surpass one of the mentioned barriers to manage to detect the next main trend, as breaching the resistance again will open the way to resume the rise, targeting 145.65 as a first station, while breaking the support will force it to suffer many losses by crawling towards 142.70.
The expected trading range for today is between 143.50 and 144.60
The expected trend for today: Sideways
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