EURJPY is slow– Analysis – 24-10-2017
Economies.com
2017-10-24 06:45AM UTC
The EURJPY pair moves slowly, in spite of its positive stability above the critical support at 132.10, affected by stochastic attempt to surpass the overbought level, which makes us prefer some sideways attempts until gaining new bullish momentum, reminding you that the main targets at 134.55 reaching to 137.00.
We should be aware for any attempt for the price fluctuation below the main support, as it has strong effect to change the main bullish track and begin providing negative correctional trading.
Expected trading range for today is between 133.10 and 134.55
Expected trend for today: Bullish
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