The EURJPY holds above the support – Analysis – 7-9-2020
Economies.com
2020-09-07 04:44AM UTC
The EURJPY pair continued facing the negative pressures, to notice providing a new positive close, to keep its stability above the main bullish channel’s support at 125.40, to increase the chances for recording the positive targets that are located at 126.70 reaching to 127.40 in the upcoming period.
note that the EURJPY price attempt to reach below the current support and holding below it will force it to cancel the bullish suggestion, to begin building a strong negative trading that might push it to decline towards 124.90 and 124.10 in the initial period.
The expected trading range for today is between 125.40 and 126.75
The expected trend for today: Bullish
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