The EURJPY holds above the breached resistance – Analysis – 10-6-2019
Economies.com
2019-06-10 06:55AM UTC
The EURJPY pair hinted the attempt to renew the positive fluctuation by providing frequent closings above the breached resistance at 122.00, while the current resistance forms additional support to allow us to suggest the bullish correction, which targets 123.50 level initially, and surpassing this barrier might extend trades towards 125.00 in the upcoming period.
Stochastic stability within the overbought areas reinforces the positive expectations for the near term trading, to provide the price with positive momentum that increases the chances of recording the mentioned correctional targets.
The expected trading range for today is between 122.25 and 123.50
The expected trend for today: Bullish
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