The EURJPY begins to rise – Analysis – 23-11-2021

Economies.com
2021-11-23 07:10AM UTC

The EURJPY pair formed correctional bullish wave yesterday, taking advantage of stochastic exit from the oversold areas to cover some losses by reaching 129.35 that formed the first target in our previous report.

 

We will depend on 128.70 level forming additional support to assist to confirm the correctional bullish scenario to expect attacking 129.90 barrier that forms the next positive station for the bullish bias.

 

The expected trading range for today is between 128.70 and 129.90

 

The expected trend for today: Bullish

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