EURJPY exits the bearish range – Analysis – 5-11-2018
Economies.com
2018-11-05 09:17AM UTC
The EURJPY pair completed providing bullish attack, to settle outside the bearish channel boards, announcing its readiness to build a new bullish trading in the near and medium period, our bullish suggestion will depend on the stability of the support at 128.60, to wait for gaining new positive momentum to begin targeting several positive levels that begin at 129.55 reaching to 130.20 level.
The stability of the moving average 55 near the mentioned support confirms the suggested positivity, to increase the chances for gaining the positive momentum until achieving the positive targets.
Expected trading range for today is between 128.70 and 129.55
Expected trend for today: Bullish
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