The EURJPY tends to achieve the required break – Analysis – 29-5-2019
Economies.com
2019-05-29 07:35AM UTC
The EURJPY pair took advantage of the negative momentum provided by stochastic by approaching the oversold areas to notice its fluctuation around the additional support 122.00, while confirming the continuation of the negativity urges us to wait the required break to confirm the preparation to record new negative targets by reaching 121.20 followed by 120.30 levels.
On the other hand, failing to break the current support will force the price to form sideways trading with chances of bouncing positively to test 123.50 resistance.
The expected trading range for today is between 122.45 and 121.20
The expected trend for today: Bearish
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