EURJPY is hesitant – Analysis – 12-11-2018
Economies.com
2018-11-12 07:35AM UTC
The EURJPY pair shows hesitant trades due to the stability of 38.2% Fibonacci correction level at 128.85 against the negative attempts, while the stability of 130.00 resistance forms main factor to confirm the negative attempts.
Therefore, we recommend waiting the required break and provide new negative close to confirm the preparation to resume the negative attack that targets 128.40 followed by 127.70 levels.
Expected trading range for today is between 129.30 and 128.40
Expected trend for today: Bearish
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