EURJPY keeps the positivity – Analysis – 1-8-2017
Economies.com
2017-08-01 07:07AM UTC
The EURJPY pair returned to form some positive trades to notice its consolidation above 129.80 level, hinting the affection by the bullish bias domination, while the price gets its positive strength by the stability of the main support at 128.70, to keep waiting to achieve the main targets located at 132.25 followed by 134.45.
We notice stochastic renewing the attempts to consolidate within the overbought areas to provide the price with new positive momentum and eases the attempt to achieve the main targets.
Expected trading range for today is between 129.80 and 132.25
Expected trend for today: Bullish
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