The EURJPY under the pressure – Analysis – 4-11-2020
Economies.com
2020-11-04 08:11AM UTC
The EURJPY pair ended yesterday with new negative close below the moving average 55 at 123.15, to notice the beginning of crawling negatively since this morning to settle at 122.10.
Also, stochastic approach to 20 level will increase the negative pressures to keep our bearish overview until reaching the targets at 121.10 and 120.15.
The expected trading range for today is between 122.75 and 121.10
The expected trend for today: Bearish
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