The EURJPY repeats the positive closes – Analysis – 22-8-2019

There is no change on the EURJPY pair’s bullish trading, since it provides repeated positive closes above the bearish channel’s support at 117.10 level for today, there is a chance for get advantage from stochastic positivity, to begin recording the bullish correctional targets that are located at 119.00 reaching to the main target at 121.05 level.

While facing new negative pressures and the attempt of reaching below the current support, so that confirms its readiness to resume the main bearish attack, to expect suffering new losses by reaching 116.55 and 114.90.

The expected trading range for today is between 117.10 and 119.00.

The expected trend for today: Bullish