The EURJPY pair began this morning with new positive trading, attempting to settle above 186.00, to increase the efficiency of the previously suggested trend, while gathering extra positive momentum makes us expect its rally towards 186.65 level, attempting to resume the bullish trend, reaching the next main target near 187.35.
The failure of confirming the breach will increase the chances of forming temporary corrective waves, to attempt to reach 185.40, to test the main support at 184.80 before any attempt to record the previously suggested targets.
The expected trading range for today is between 185.50 and 186.60
Trend forecast: Bullish
The neediness of the GBPJPY pair for bullish momentum in the last period, its positive stability above 213.50 supports the chances of renewing the bullish attempts, fluctuating near 215.15 level.
MorePlatinum price kept its stability above the support level at $1865.00, however the contradiction of the main indicators pushed it to form weak sideways moves, to settle near $1880.00.
MoreCopper price neediness to the positive momentum led it to form more correction waves, to move away from $6.6600, to keep providing weak sideways trading by its stability near $6.3500 level.
More