The EURJPY begins to get the negative momentum – Forecast today – 13-3-2024

Economies.com
2024-03-13 05:13AM UTC

The EURJPY pair kept its negative stability below the additional barrier 161.75, taking advantage of the major indicators that agree to provide the negative momentum, to notice crawling towards 160.85 yesterday in order to find a way to resume the previously suggested negative attack.

 

Breaking 160.85 will allow the price to reach the additional support at 160.25 direct, assuring the importance of breaking this level to open the way to reach the additional stations that start at 159.70 and 159.00.

 

The expected trading range for today is between 160.50 and 161.40

 

Trend forecast: Bearish

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