The EURJPY covers some losses – Analysis – 1-12-2021
Economies.com
2021-12-01 07:03AM UTC
The EURJPY pair succeeded to provide frequent positive closings above 128.00 support line, to assist to decrease the losses by rallying above 128.45 level, as the stability of the mentioned support will increase the chances of forming correctional bullish trades to target 129.20 level, while surpassing it will push the price to test 129.85 barrier.
Therefore, we will suggest the correctional bullish bias for now until reaching the mentioned positive stations.
The expected trading range for today is between 128.00 and 129.20
The expected trend for today: Bullish
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