EURJPY awaits testing the resistance – Analysis – 11-1-2019
Economies.com
2019-01-11 10:06AM UTC
The EURJPY pair still stuck within the correctional bullish range, to keep waiting to test the initial resistance at 125.55 followed by waiting to gather negative momentum and reinforce the main stability within the bearish channel.
Therefore, we will keep our bullish overview for now, noting that the price needs to breach the targeted resistance to increase the chances of recording additional correctional targets by moving towards 126.18 followed by 127.35.
Expected trading range for today is between 124.00 and 125.55
Expected trend for today: Bullish
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