The EURJPY starts the decline – Analysis – 26-6-2020

Economies.com
2020-06-26 09:04AM UTC

The EURJPY pair responded to the negative pressures, to notice declining from 121.05 level recently and keep its stability within the bearish channel and record 120.00, while stochastic attempt to crawl below 50 level will provide the price with new negative momentum to confirm targeting 119.10 support followed by monitoring the price behavior to manage to detect the expected targets of the upcoming period.

 

The expected trading range for today is between 120.65 and 119.15

 

The expected trend for today: Bearish

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