The EURJPY takes breath – Analysis – 2-11-2020

Economies.com
2020-11-02 06:08AM UTC

The EURJPY pair was affected by 121.60 level forming additional support on last Friday, to force the price to stop the negative bleeding temporarily and provide some mixed sideways trades by settling near 121.90, noting that the stability below 122.45 barrier will increase the chances of resuming the negative attack soon, to expect moving towards 121.10 and 120.15 levels.

 

The expected trading range for today is between 122.45 and 121.10

 

The expected trend for today: Bearish

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