EURJPY resumes the bullish attack – Analysis – 5-1-2018
Economies.com
2018-01-05 09:40AM UTC
The EURJPY pair ended its recent attempts by breaching 135.50 barrier and hints keeping the bullish bias domination, to settle around the first expected target at 136.50, expecting to continue the negative pressures provided by stochastic reach to the overbought areas to target more positive levels, starting at 137.00 followed by reaching the bullish channel's resistance at 139.65.
Expected trading range for today is between 135.70 and 137.00
Expected trend for today: Bullish
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