EURJPY settles above the average – Analysis – 5-3-2019
Economies.com
2019-03-05 07:49AM UTC
The EURJPY price is forced to form yesterday to form an intraday negtaive rebound to test the moving average 55 at 126.45, in general, the bullsih suggestion will remain valid due to the stability of the main support at 124.70, besides forming a strong support at 126.20 at 50% Fibonacci correction level, to keep prefering the attempt of recording new targets by surpassing 127.50 level, to target 128.05 and 128.85 level.
Expected trading for today is between 126.20 and 128.05.
Expected trend for today: Bullish
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