The EURJPY lacks the negative momentum – Analysis – 30-7-2019

Economies.com
2019-07-30 06:36AM UTC

No news for the EURJPY pair that keeps fluctuating within sideways range within the main bearish channel, while the frequent stability below the additional resistance at 122.05 forms main reason to suggest the bearish attempts, to keep waiting to gather new negative momentum and manage to press on 119.60 level, which breaking it will confirm declining towards the next negative target at 118.40.

 

The expected trading range for today is between 121.60 and 119.60

 

The expected trend for today: Bearish

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