EURJPY moves slowly – Analysis – 22-2-2019

Economies.com
2019-02-22 09:35AM UTC

Despite the EURJPY pair’s consolidation above the breached resistance, the contradiction between the major indicators forces the price to provide slow trades and settles around 125.65 level, but the stability of 125.40 level supports our bullish overview to keep waiting to surpass 126.20 and succeed to resume the bullish attack in the medium term period, to target 127.05 followed by 128.85 levels.

 

The expected trading range for today is between 125.40 and 126.20

 

The expected trend for today: Bullish

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