The EURJPY needs new momentum – Analysis – 9-2-2021

Economies.com
2021-02-09 06:16AM UTC

The EURJPY pair lost its positive momentum to notice its fluctuation near 126.70 level, keeping its positive stability above 126.30 support line.

 

Therefore, we will keep waiting to gather the positive momentum to manage to resume the bullish attempts as long as the mentioned support remains intact, expecting to surpass 127.10 to reach additional stations that might start at 127.40 and 127.70.

 

The expected trading range for today is between 126.50 and 127.40

 

The expected trend for today: Bullish

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