The EURJPY hits the targets – Analysis – 16-2-2021
Economies.com
2021-02-16 05:57AM UTC
The EURJPY pair took advantage of the frequent positive pressures to notice forming strong bullish waves and achieve many targets by approaching 128.20 level, noting that there is a chance to form sideways fluctuations as long as 128.20 level remains intact, forming solid obstacle against the bullish attempts.
Therefore, we will stay neutral until the price breaches the mentioned barrier to activate the continuation of the positivity and wait to reach 128.55 and 129.10 levels.
The expected trading range for today is between 127.60 and 128.20
The expected trend for today: Sideways
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