The EURJPY surrenders to the negative pressures – Analysis – 13-5-2022
Economies.com
2022-05-13 08:16AM UTC
The EURJPY pair formed strong negative trades to suffer many losses by touching 132.65 level, affected by the negative factors represented by the stability below 134.80 in addition to stochastic continuous negative momentum.
The continuous fluctuation below 134.80 allows us to wait to form more negative attempts to manage to crawl below 133.60 level again, followed by attempting to reach new negative stations that start at 132.50.
The expected trading range for today is between 135.00 and 133.00
The expected trend for today: Bearish
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