The EURJPY responds to stochastic positivity– Analysis – 9-10-2019
Economies.com
2019-10-09 08:59AM UTC
The EURJPY pair announced delaying the negative attack temporarily, due to facing sudden positive pressures by stochastic rally above 50 level, which might force the price to test the initial resistance at 118.40, to begin renewing the waited negative attempts.
While the price reach below 117.10 level will confirm its readiness to target new negative levels in the medium period trading by reaching 116.50 reaching to the main support at 115.80.
The expected trading range for today is between 118.40 and 117.10
The expected trend for today: Bearish
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