The EURJPY surpasses the initial targets – Analysis – 1-7-2022

Economies.com
2022-07-01 06:49AM UTC

The EURJPY pair kept its stability within the correctional bearish track to notice surpassing the initial targets by crawling below 142.20, to touch the first main target at 140.90.

 

Also, stochastic approach to 20 will increase the chances of gathering the negative momentum to increase the chances of resuming the negative attack until reaching 140.00, followed by monitoring the price behavior due to the importance of this level to detect the medium term targets.

 

The expected trading range for today is between 142.00 and 140.00

 

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The expected trend for today: Bearish

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