The EURJPY suffers many losses – Analysis – 10-7-2020
Economies.com
2020-07-10 08:19AM UTC
The EURJPY pair surrendered to stochastic negativity yesterday, to notice crawling below the minor bullish channel’s support line at 121.20 and suffers many losses by reaching 120.28.
The frequent negative fluctuation below the broken support that forms the major resistance against the negative fluctuation allows us to suggest more decline to target 119.95 followed by reaching 50% Fibonacci correction level at 119.42.
The expected trading range for today is between 121.00 and 119.42
The expected trend for today: Bearish
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