EURJPY keeps the positive stability – Analysis – 27/7/2015

Economies.com
2015-07-27 07:11AM UTC

The EURJPY pair showed new positive close above 135.20 level to confirm keeping the positive attempts, noticing the attempt of consolidating above the moving average 55, to keep expecting to reach the waited target at 137.30 in the near term basis.

 

Besides, we notice Stochastic support to the positive attempts by rallying above 50 level, attempting to reach the overbought areas to confirm the positive domination and attempt to reach our waited target.

 

Expected trading range for today is between 135.20 and 137.30

 

Expected trend for today: Bullish

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