The EURJPY builds new support base – Analysis – 27-1-2021

Economies.com
2021-01-27 06:25AM UTC

The EURJPY pair succeeded to build new bullish support near 125.80 to keep its positive stability and supports our bullish overview until achieving the targets at 126.65 followed by reaching the extended resistance at 127.20.

 

The above chart shows stochastic fluctuation near 80 level, to increase the chances of gathering the required positive momentum to resume recording the mentioned targets.

 

The expected trading range for today is between 125.80 and 126.65

 

The expected trend for today: Bullish

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