The EURJPY is slow – Analysis – 22-12-2021
Economies.com
2021-12-22 05:52AM UTC
The EURJPY pair continued to provide slow positive trades, attempting to take advantage of the stability of 127.30 support line, while the contradiction of the moving average 55 negativity that fluctuates above the current price forces the price to provide slow trading, to settle near 128.60.
We notice that stochastic attempts to provide the positive momentum, to ease the mission of reaching 129.80 level soon, while surpassing this level obstacle will push the price to achieve additional gains by rallying towards 130.80 and 131.75 levels in the upcoming period.
The expected trading range for today is between 127.60 and 129.80
The expected trend for today: Bullish
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