The EURJPY keeps rising – Analysis – 12-12-2019
Economies.com
2019-12-12 07:43AM UTC
The EURJPY pair continued to form bullish trading yesterday, to reach the initial barrier at 121.00, to keep its stability within the minor bullish channel levels that appear in the above image.
The continuation of providing positive momentum by the main indicators makes us expect resuming the bullish attack, to attempt to surpass 121.40 level in order to reach 38.2% Fibonacci correction level at 122.43.
The expected trading range for today is between 120.60 and 121.40
The expected trend for today: Bullish
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