EURJPY prepares to resume the rise – Analysis – 21-1-2019
Economies.com
2019-01-21 08:13AM UTC
The EURJPY pair settled above 123.50 support line, to hint the preparation to resume the correctional bullish attack in the near term trading, while stochastic attempt to crawl towards the overbought areas supports our bullish overview, to expect gathering new positive momentum and target 125.55 level, while surpassing it might extend trading towards 126.18, to face 50% Fibonacci correction level that appears on the chart.
Expected trading range for today is between 124.20 and 125.55
Expected trend for today: Bullish
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