The EURJPY keeps the temporary positivity – Analysis – 13-5-2020
Economies.com
2020-05-13 07:19AM UTC
The EURJPY pair still stable positively above the initial support at 115.20, to increase the chances of resuming the correctional bullish attack that mainly targets the bearish channel’s resistance at 117.20.
We should note that crawling below the current support will increase the chances of forming strong negative trades, to expect declining towards 114.40 initially, followed by attempts to press on 113.75 obstacle.
The expected trading range for today is between 115.70 and 117.20
The expected trend for today: Bullish
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