The EURJPY exits the bullish track – Analysis – 15-1-2021
Economies.com
2021-01-15 08:02AM UTC
The EURJPY pair surrendered to the frequent negative pressures to notice crawling below the minor bullish channel’s support line at 126.15 and increase the chances of forming correctional bearish trades in the near term and medium term period.
We expect to crawl towards 125.54 level, while breaking this obstacle might extend losses towards 124.65 to form the first main target of the bearish trades.
The expected trading range for today is between 126.25 and 125.10
The expected trend for today: Bearish
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