The EURJPY surrenders to the stability of the resistance – Analysis – 17-2-2021
Economies.com
2021-02-17 05:58AM UTC
The EURJPY pair surrendered to the stability of the major resistance at 128.45, to notice the beginning of forming correctional bearish waves to settle near 128.00, also, stochastic exit from the overbought areas will increase the negative pressures to force the price to resume the negative correction until testing 127.45 support line followed by renewing the bullish attempts in order to find a way to move to the bullish track in the upcoming period.
The expected trading range for today is between 128.25 and 127.45
The expected trend for today: Bearish temporarily
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