EURJPY forced to provide intraday positivity – Analysis – 13-9-2018

The stability of 128.80 support line continued on the EURJPY pair’s trading, forcing it to provide positive rally by settling around 129.60 level, also, the stability of the moving average 55 around the current support confirm postponing the negative attack to start suggesting the bullish attempts in the near term and medium term period, expecting to move towards 130.60 followed by reaching 132.00 resistance.

Also, stochastic begins to form positive wave to assist to reinforce the bullish bias domination for the current trading by providing positive momentum and increase the chances of reaching the mentioned targets.

Expected trading range for today is between 129.10 and 130.60

Expected trend for today: Bullish