EURJPY takes a breath – Analysis – 17-9-2018
Economies.com
2018-09-17 07:09AM UTC
The EURJPY pair formed intraday negative rebound, attempting to take a breath before resuming the bullish attack, to settle around 130.10 level, reminding you that the bullish scenario depends on the stability of 128.80 support, allowing us to wait to gather new positive momentum followed by repeating the attempts to reach 131.10 followed by 131.85 levels.
We will depend on 129.80 level forming additional support to increase the chances of gathering the positive momentum followed by starting to target the mentioned positive levels.
Expected trading range for today is between 129.90 and 131.10
Expected trend for today: Bullish
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