The EURJPY might resume the intraday decline – Analysis – 20-1-2022
Economies.com
2022-01-20 06:43AM UTC
The EURJPY pair ended its recent negative rebound by recording 129.38 level followed by moving towards the moving average 55 direct, which formed additional barrier at 130.05, noting that the temporary negative overview will remain valid as long as the major barrier 131.45 remains intact, also, stochastic attempt to provide the additional negative momentum will force the price to suffer additional losses by targeting 129.10 and 128.50 levels.
The expected trading range for today is between 130.30 and 129.10
The expected trend for today: Bearish temporarily
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