The EURJPY repeats the positive closings – Analysis – 30-12-2021

Economies.com
2021-12-30 06:12AM UTC

The EURJPY pair repeated the positive closings by rallying above 129.80 level, to reinforce the domination of the previously expected bullish bias and notice its fluctuation near 130.35, noting that stochastic continuous positive momentum allows us to suggest more rise that might target 130.80 followed by 131.60 levels.

 

Any attempt to decline below the mentioned additional support will postpone the bullish attack, to surrender to the domination of the correctional bearish bias, with chances to suffer some losses by moving towards 129.10.

 

The expected trading range for today is between 129.80 and 130.80

 

The expected trend for today: Bullish

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