EURJPY repeats the positive closings – Analysis – 2-10-2017

Economies.com
2017-10-02 07:05AM UTC

The EURJPY pair continued to provide positive closings above 132.05 level to confirm keeping the expected bullish bias domination, reminding you that it is important to surpass 133.10 level to open the way to record more main targets by moving towards 134.35 followed by 137.00.

 

The price gets its positive momentum through stochastic rally above 50 level, also, the stability of the moving average 55 below the main support confirms blocking the price within the bullish range until reaching the mentioned targets.

 

Expected trading range for today is between 132.05 and 134.35

 

Expected trend for today: Bullish

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