The EURJPY fluctuates near the resistance – Analysis – 23-11-2020
Economies.com
2020-11-23 07:49AM UTC
The EURJPY pair continued to provide weak fluctuations to keep its negative stability below 123.45 resistance, while resuming the negative attack requires gathering new negative momentum to manage to start recording the targets by moving towards 122.80 and 122.40 levels.
On the other hand, breaching the current resistance and holding above it will confirm moving to the bullish track, to expect forming strong bullish rally to target 123.90 followed by reaching 125.00 in the upcoming period.
The expected trading range for today is between 123.45 and 122.40
The expected trend for today: Bearish
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