The EURJPY still negative – Analysis – 29-6-2020
Economies.com
2020-06-29 05:10AM UTC
Despite the EURJPY pair’s recent correctional bullish rebound, its main consolidation within the bearish channel and 121.05 level forming additional barrier support the continuation of the negativity for the near term and medium term period.
Therefore, we will keep waiting to gather new negative momentum to ease the mission of forming new bearish trades to repeat the pressure on 119.10 support line.
The expected trading range for today is between 120.10 and 11.10
The expected trend for today: Bearish
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