The EURJPY returns to neutrality – Analysis – 21-12-2020

Economies.com
2020-12-21 06:16AM UTC

The EURJPY pair failed to hold above 126.70 barrier to repeat the sideways fluctuation due to its confine within the tight range represented by the mentioned barrier and 125.75 support.

 

Therefore, we will stay neutral until the price succeeds to surpass one of these levels to manage to detect the main targets for the upcoming period.

 

The expected trading range for today is between 126.70 and 125.75

 

The expected trend for today: Neutral

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