The EURJPY retests the support – Analysis – 27-3-2020
Economies.com
2020-03-27 09:14AM UTC
The EURJPY pair formed strong negative rebound yesterday after recording 121.13 level, to move towards 119.75 support line, while the upcoming scenario depends on the strength of this support to expect renewing the bullish attempts that might extend to 120.70 followed by 121.65.
Facing negative pressures and crawling below the current support will cancel the positive overview and start suffering many losses by declining towards 119.00 and 118.25 levels.
The expected trading range for today is between 119.75 and 120.70
The expected trend for today: Bullish
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