The EURJPY repeats the negative attempts – Analysis – 14-4-2020

Economies.com
2020-04-14 08:16AM UTC

The EURJPY pair kept its stability within the bearish channel to move away from the main resistance at 118.90, to notice recording the first negative target by touching 117.30.

 

The stability of the main resistance and stochastic beginning of providing negative momentum signals by crawling below 50 allow us to suggest more negative attempts, reminding you that the main targets located at 116.65 followed by 115.80.

 

The expected trading range for today is between 118.60 and 116.65

 

The expected trend for today: Bearish

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