The EURJPY fluctuates above the support – Analysis – 6-1-2021

Economies.com
2021-01-06 06:32AM UTC

No news for the EURJPY pair until this moment, to notice its fluctuation above the bullish channel’s support line at 125.80 to increase the chances of renewing the bullish attempts in the near term and medium term period.

 

Note that it is important to surpass the initial barrier 126.70 to open the way to resume the bullish attack, expecting to target new positive targets that might start at 127.40 and 128.30 levels.

 

The expected trading range for today is between 125.80 and 126.80

 

The expected trend for today: Bullish

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