EURJPY continues to rise – Analysis – 30-8-2018
Economies.com
2018-08-30 08:10AM UTC
The EURJPY pair took advantage of the positive factors; as stochastic settles within the overbought areas, besides that the moving average 55 forms initial support by settling around 129.40 level, noticing forming new bullish trades by reaching 130.86, which supports the continuation of the positivity to keep waiting to breach 131.10 and open the way to target 23.6% Fibonacci correction level at 132.20.
Expected trading range for today is between 130.00 and 132.20
Expected trend for today: Bullish
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