The EURJPY is covered by the barrier strength – Analysis – 01-10-2019
Economies.com
2019-10-01 06:32AM UTC
The EURJPY pair provided some sideways fluctuation yesterday, by its stability near 117.85 level without recording any new negative target, but the stability of the barrier at 118.50 confirms the trading confinement within the negative range, to make us wait for reaching the negative stations that are represented by 116.50 and 115.75.
Any attempt to rally above the current barrier, so that will delay the negative attack to begin forming some of the bullish correction and there is a chance for hitting some positive levels that are represented by 119.10 and 119.70.
The expected trading range for today is between 118.50 and 117.20
The expected trend for today: Bearish
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