EURJPY is slow – Analysis – 29-1-2019

Economies.com
2019-01-29 07:12AM UTC

No change to the EURJPY pair that surrenders to the intraday sideways range domination and fluctuating around 124.90 level, thus, we will keep our bullish overview that depends on the price stability above 123.50 support and wait to reach the positive target at 125.60.

 

We remind you that attempting to rally above 125.60 will confirm the continuation of the positivity that will push the price to touch 126.18 followed by reaching the bearish channel’s resistance at 126.80.

 

Expected trading range for today is between 124.40 and 125.60

 

Expected trend for today: Bullish

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