Forex

The EURJPY records the negative targets – Analysis – 17-9-2020

2020-09-17 05:27:20 GMT (Economies.com)

The EURJPY pair surrendered to the frequent negative pressures yesterday, to notice forming strong negative attack and record many targets by touching 123.30 level.

 

We expect 124.20 level to form additional barrier to confirm the attempt to resume the negative attack, while stochastic fluctuation within the oversold areas will manage to gather the additional negative momentum to expect targeting 122.75 followed by 122.25 levels soon.

 

The expected trading range for today is between 124.20 and 122.75

 

The expected trend for today: Bearish

 

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