The EURJPY tends to activate the negative attack – Forecast today – 15-3-2024

Economies.com
2024-03-15 07:58AM UTC

The EURJPY pair kept its negative stability below the additional resistance 162.10, to notice crawling below the MA55 again, forming some negative waves and touching the first negative target by reaching 161.06.

 

Note that it is important to gather the additional negative momentum to manage to repeat the pressure on 160.85 obstacle, while breaking it will open the way to resume the decline, waiting to reach 160.25 support line after that.

 

The expected trading range for today is between 161.85 and 160.85

 

Trend forecast: Bearish

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