The EURJPY continues to crawl positively – Analysis – 26-11-2020

Economies.com
2020-11-26 06:12AM UTC

The EURJPY pair continued to crawl positively to confirm keeping the bullish attempts since breaching the bearish channel’s resistance that forms major support at 123.15.

 

Also, 124.00 forms additional support to increase the chances of resuming the bullish attack, to keep waiting to reach 125.10 as a first target of the bullish track, followed by reaching 126.70 in the upcoming period.

 

The expected trading range for today is between 124.00 and 125.10

 

The expected trend for today: Bullish

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