Forex

EURJPY keeps the negativity – Analysis – 14-2-2019

2019-02-14 08:05:16 GMT (Economies.com)

The EURJPY pair kept its negative stability by its repeated fluctuation below the bearish channel’s resistance at 125.65, to resume the negative attack the price needs a strong negative momentum that allows it to press on the barrier at 124.20, to wait for hitting the main target at 123.50.

 

Note that the price rally above the bearish channel’s resistance and providing a positive close above it, so that will cancel the negative overview, to begin building a strong bullish trading that might push it to reach 126.20 and 126.80.

 

The expected trading range for today is between 125.65 and 124.20

 

The expected trend for today: Bearish

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