EURJPY crawls positively – Analysis – 25-5-2017
Economies.com
2017-05-25 07:19AM UTC
The EURJPY pair provided clear positive crawling by rallying towards 125.50 recently, to keep the positive stability above 124.40 support, increasing the chances of recording new targets in the near term and medium term period, thus, we will keep waiting to surpass 126.15 barrier followed by moving strongly towards 127.30 and 128.50 for today.
Stochastic continues to support the positive attempts by attempting to settle within the overbought areas, to provide the price with new positive momentum that eases the attempt to surpass the current barrier and reach the previously suggested targets.
Expected trading range for today is between 124.40 and 126.15
Expected trend for today: Bullish
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