EURJPY gains new positive momentum – Analysis – 1-6-2017
Economies.com
2017-06-01 07:50AM UTC
The EURJPY pair was affected by stochastic positivity recently, due to its rally above 50 level besides the stability of 123.20 support line, which forced it to provide new bullish trading as appears on chart, which will cancel the correctional bearish overview and turn back to suggest the bullish attempts, expecting to move towards 126.10 followed by attempting to touch the bullish channel's resistance around 127.20.
Expected trading range for today is between 123.70 and 126.10
Expected trend for today: Bullish
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