The EURJPY confirms the positivity – Analysis – 15-4-2019

The EURJPY pair confirmed changing the main track by settling above 125.90 level, to form major support against the recent positive trades, also, the price rally above 50% Fibonacci correction at 126.20 increases the chances of resuming the bullish attack to expect breaching 126.75 barrier and move towards 127.40 followed by 128.80 levels direct.

We notice the moving average 55 fluctuation around the main support to confirm blocking the price within the bullish range, also, stochastic reach to the overbought areas confirms gathering strong positive momentum that confirms the attempt to record the suggested targets.

The expected trading range for today is between 126.20 and 127.40

The expected trend for today: Bullish