EURJPY moves within tight correctional track – Analysis – 9-1-2019

The EURJPY pair affected by new positive pressures in the last trading, represented by forming an initial support at 123.50 level, besides providing positive momentum by stochastic as appears in the above image, which confirms the price confinement within a tight correctional range, to expect surpassing 124.60 level to test the initial resistance at 125.55.

And that confirms the price affection by the bullish correctional track, in the near trading, noting that monitoring the price behavior incase achieving the suggested target, to detect the main targets in the upcoming trading.

Expected trading range for today is between 124.00 and 125.55

Expected trend for today: Bullish temporarily