The EURJPY gathers its strength– Analysis – 21-8-2019
Economies.com
2019-08-21 06:59AM UTC
The EURJPY pair is forced to provide a new sideways trading, to face the negative pressures, increasing the chances for forming the waited bullish correctional trading, providing a new positive momentum by stochastic by its approach from 50 level, so that confirms gathering Its strength, which makes us prefer its rally to the upside towards several positive levels that begin at 119.00 and 121.05.
The stability of the support at 117.15, to avoid any losses that might be caused by the attempt of changing the current trend, therefore, we should monitor the price behavior if it attempts to test this support again.
The expected trading range for today is between 117.50 and 119.00
The expected trend for today: Bullish
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