EURJPY awaits the breach – Analysis – 9-10-2017

Economies.com
2017-10-09 06:59AM UTC

No news for the EURJPY pair that keeps fluctuating between the key levels represented by 132.05 support and 133.10 resistance, also, the contradiction between the major indicators reinforces the domination of the sideways bias domination, as stochastic declines below 20 level, while the moving average 55 consolidates below the current price, to keep waiting to breach one of the main levels to manage to detect the next targets of the upcoming period.

 

Please read our previous report to review the main targets after breaching the above mentioned levels.

 

Expected trading range for today is between 132.05 and 133.10

 

Expected trend for today: Sideways

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