EURJPY hovers around the resistance – Analysis – 10-12-2018
Economies.com
2018-12-10 08:29AM UTC
The EURJPY pair continued to fluctuate within the bearish channel due to the stability of 128.80 resistance, thus, we will keep suggesting the negative attempts for the near term and medium term trading until targeting 127.50 followed attempting to press on 126.15 obstacle.
The risks of changing the negative trend by attempting to jump above the current resistance and getting positive close, which leads to fluctuate within a bullish range to increase the chances of recording many gains by moving towards 129.25 followed by 130.00 levels.
Expected trading range for today is between 128.80 and 127.50
Expected trend for today: Bearish
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