EURJPY affected by the indicators’ contradiction – Analysis – 12-3-2018

Economies.com
2018-03-12 08:14AM UTC

The EURJPY pair repeated its fluctuation below 132.20 barrier to confirm postponing the expected bullish rally, also, the continuous contradiction between the major indicators blocks the bullish rally to expect providing some sideways trades by moving between 129.60 support and the mentioned barrier.

 

We remind you that succeeding to breach the current barrier and getting positive close will open the way to resume the bullish correction to target some positive levels that start at 133.00.

 

Expected trading range for today is between 132.20 and 130.80

 

Expected trend for today: Sideways

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