EURJPY repeats the bullish rally – Analysis – 2-6-2017
Economies.com
2017-06-02 06:57AM UTC
The EURJPY pair provided new positive rally to notice reaching 125.25 level, confirming the affection by the bullish bias domination that targets 126.10 level as a first positive station, followed by attempting to touch the bullish channel's resistance around 127.10.
The bullish overview depends on the stability of the key support at 123.20, also, stochastic reach to the overbought areas that will allow the price to gather new positive momentum until achieving the previously suggested targets.
Expected trading range for today is between 124.35 and 126.10
Expected trend for today: Bullish
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