The EURJPY loses the positive momentum – Analysis – 21-3-2019
Economies.com
2019-03-21 07:47AM UTC
The EURJPY pair lost its positive momentum after stochastic exited from the overbought areas, to be forced to fluctuate around the initial support at 126.20, reminding you that the bullish attempts depend on the stability of this support line, to manage to record new targets by reaching 127.50 and 128.80 levels.
On the other hand, breaking the current support will postpone the bullish attempts to start building correctional negative trades to target 125.50 followed by reaching the key support 124.40.
The expected trading range for today is between 126.20 and 127.50
The expected trend for today: Bullish
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