The EURJPY waits for the negative momentum – Analysis – 23-07-2021
Economies.com
2021-07-23 09:36AM UTC
The EURJPY pair kept its stability within the temporary sideways track, delaying the negative attack due to its neediness to the negative momentum until this moment, noticing that the continuation of forming an extra barrier by the moving average 55 stability near 130.55, which increases the chances for renewing the bearish attempts to expect renewing the pressure on the support at 128.80 in order to find an exit to resume the bearish attack in the upcoming period trading.
The expected trading range for today is between 130.50 and 128.90
The expected trend for today: fluctuated within the bearish track.
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