The EURJPY loses the positive momentum – Analysis – 15-8-2022
Economies.com
2022-08-15 04:15AM UTC
Despite the EURJPY pair’s trading within the bullish channel, the contradiction between the major indicators and the attempt to fluctuate below 136.60 level will postpone the bullish attack for now, to start suggesting the correctional negative trades that might target 135.50 and 134.40 levels.
On the other hand, renewing the bullish attempts requires forming new bullish rally to manage to hold above 137.55 and open the way to target the positive stations near 138.60 and 139.70 levels.
The expected trading range for today is between 136.80 and 135.50
The expected trend for today: Bearish
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