The EURJPY still negative – Analysis – 19-1-2021
Economies.com
2021-01-19 06:26AM UTC
Despite the EURJPY pair’s positive rebound to 125.80, that will not affect the bearish track, due to the frequent stability below 126.45 extended resistance, also, stochastic consolidates within the oversold areas to support our bearish overview by providing the additional negative momentum and wait to decline towards 124.65 level soon, while surpassing it might push the price to touch 50% Fibonacci correction level at 123.45.
The expected trading range for today is between 126.40 and 124.65
The expected trend for today: Bearish
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