EURJPY is slow – Analysis –21-5-2018
Economies.com
2018-05-21 06:34AM UTC
The EURJPY pair is forced to provide slow trading, due to its neediness to the positive momentum until this moment, the stability of the trading above the main support at 129.40 supports the main positivity, which makes us prefer more of the positive trading until reaching the initial target at 131.60, to renew the pressure on the barrier at 132.20.
Stochastic current attempt to form a new bullish wave makes us confirm the bullish attempts by gathering extra positive momentum, which assists confirming the continuation of the positivity until reaching the suggested targets.
Expected trading range for today is between 130.20 and 131.60
Expected trend for today: Bullish
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