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The EURJPY moves away from the resistance – Forecast today – 3-6-2024
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The EURJPY moves away from the resistance – Forecast today – 3-6-2024
Jun 3, 2024 1:53 AM

EURJPY Price Analysis Expected Scenario The EURJPY pair returned to test the main resistance at 170.88, then activated the bearish suggested track, hitting 170.60 level and attempting to take advantage of stochastic's exit from the overbought level. The continuation of gathering negative momentum in the current trading will make us expect to begin targeting the main stations that are located near 170.20 and 169.56. Expected Trading Range Between 170.80 support and 169.65 resistance.

Trend Forecast: Bearish

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