EURJPY still bullish – Analysis – 17-1-2019
Economies.com
2019-01-17 08:26AM UTC
The EURJPY pair confirmed keeping the bullish bias domination for the current trades by providing new positive close above 123.50, noticing forming bullish wave by settling at 124.05, while confirming the continuation of the positivity needs the stability of the mentioned support to increase the chances of reaching 124.80 followed by 125.55.
On the other hand, breaking the current support will cancel the positive overview and opens the way to suffer additional losses by moving towards 122.75 followed by 121.55 levels.
Expected trading range for today is between 123.50 and 124.80
Expected trend for today: Bullish
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