The EURJPY shows correctional rise – Analysis – 22-3-2023
Economies.com
2023-03-22 05:22AM UTC
The EURJPY pair surrendered to stochastic positivity to provide new correctional bullish rebound and surpass the MA55 at 142.20, which might force the price to form more intraday positive waves to cover more losses by targeting 144.00 level.
On the other hand, succeeding to gather the negative momentum and provide new negative close below the MA55 will activate the main bearish scenario, to expect crawling towards 141.40 followed by repeating the pressure on the additional support at 140.25.
The expected trading range for today is between 143.40 and 141.65
The expected trend for today: Bearish
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