The EURJPY postpones the bullish attack – Analysis – 19-1-2022
Economies.com
2022-01-19 05:54AM UTC
The EURJPY pair formed strong negative attack yesterday, affected by the major indicators’ negativity, to force it to settle below 129.80 support line and hint postponing the bullish attack until reaching the negative levels at 129.10 and 128.50.
We notice the fluctuation of the moving average 55 above the price to confirm blocking it within the correctional bearish track, waiting to reach the negative stations before any attempt to renew the main bullish attack.
The expected trading range for today is between 130.10 and 129.10
The expected trend for today: Bearish temporarily
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