EURJPY repeats the positive closings – Analysis – 28-12-2018
Economies.com
2018-12-28 10:34AM UTC
The EURJPY pair provided new positive close yesterday above 125.50 support line, to increase the chances of providing bullish trades in the near term and medium term period, thus, we will keep waiting to rally towards 127.20 in the near term period, while surpassing it will extend trades towards 128.25.
Stochastic attempts to support the positive overview by rallying above 50 level and provide new positive momentum as appears on the chart.
Expected trading range for today is between 125.80 and 127.20
Expected trend for today: Bullish
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