EURJPY faces strong negative pressures – Analysis – 6-10-2017
Economies.com
2017-10-06 08:33AM UTC
The EURJPY pair faced strong negative pressures yesterday by stochastic approach from 20 level to force it to renew the pressure on 132.05 support, while getting negative close below the current support will confirm surrendering to the correctional bearish trading and expect to reach 130.55 followed by waiting to touch 129.40 that forms the moving average 55.
Therefore, we will remain neutral until getting new signal to avoid any losses that might appear due to changing the main track.
Expected trading range for today is between 132.05 and 133.10
Expected trend for today: Neutral
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