EURJPY settles below the resistance – Analysis – 31-1-2019

Economies.com
2019-01-31 07:48AM UTC

The EURJPY pair ended its last positive move by providing clear negative close at 125.60, to shrink the chances of resuming the bullish correctional attack, and the continuation of the resistance stability makes us prefer the negative fluctuation, to expect providing negative pressure on 124.40 level, and breaking it will confirm targeting 123.50 level.

 

Expected trading range for today is between 125.60 and 124.40

 

Expected trend for today: Fluctuated negatively

 

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