No news for the EURJPY – Analysis – 13-12-2017

The EURJPY pair repeated the tight sideways trades by moving between the bullish channel's support at 132.20 and 134.50 level that blocks the bullish release, while the price might continue with the sideways fluctuation due to the contradiction of the major indicators, but its consolidation within the bullish channel reinforces the bullish overview for the upcoming period, reminding you that managing to breach the current barrier will open the way to record new targets that start at 135.55.

On the other hand, crawling below the bullish channel's support will cancel the bullish overview due to the consolidation within new negative range, to suggest the domination of the bearish bias and wait to suffer losses that start at 130.90 followed by 129.75.

Expected trading range for today is between 132.60 and 134.50

Expected trend for today: Fluctuated within the bullish range