The EURJPY confirms the breach – Analysis – 25-3-2020
Economies.com
2020-03-25 08:07AM UTC
The EURJPY pair confirmed getting rid of the bearish bias domination by providing positive stability above the minor bearish channel’s resistance at 119.85 to notice moving towards 120.50 since morning.
Also, the moving average 55 consolidation near the breached resistance increases the chances of forming new support, to provide the price with strong positive momentum to ease the mission of reaching towards new positive stations that might start at 121.00 and 121.65 levels.
The expected trading range for today is between 119.85 and 121.00
The expected trend for today: Bullish
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