The EURJPY moves within tight range – Analysis – 2-12-2021
Economies.com
2021-12-02 07:49AM UTC
The EURJPY pair moved within tight range represented by 127.55 support and 128.50 resistance.
This factor allows us to stay aside today and wait to surpass one of the dominant levels in order to detect the next main targets, as surpassing the resistance will push the price to record some positive targets by rallying towards 129.20, while crawling below the support will force the price to suffer additional losses that might extend towards 126.80 initially.
The expected trading range for today is between 127.50 and 128.50
The expected trend for today: Neutral
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