No news for the EURJPY – Analysis – 31-7-2019
Economies.com
2019-07-31 07:12AM UTC
The EURJPY pair did not show any move until this morning, affected by the contradiction of stochastic positivity against the negative stability within the main bearish channel, reminding you that the continuous fluctuation below the additional resistance at 122.05 will increase the chances of gathering new negative momentum that allows the price to resume recording our targets at 119.60 followed by 118.40.
The expected trading range for today is between 122.00 and 120.00
The expected trend for today: Bearish
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