EURJPY provides positive close – Analysis – 12-1-2018
Economies.com
2018-01-12 09:24AM UTC
The EURJPY pair succeeded to settle above the bullish channel support at 133.75, announcing the continuation of the bullish bias domination in the upcoming period, we notice achieving some targets by reaching 134.75, due to gaining new positive momentum by stochastic surpass to the oversold level.
Therefore, we will return to prefer the bullish attempts that targets 135.55 level reaching to 137.00, forming the main target in the near and medium period.
Expected trading range for today is between 133.75 and 135.50.
Expected trend for today: Bullish
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