The EURJPY seeks an exit – Analysis – 23-12-2020
Economies.com
2020-12-23 05:55AM UTC
The EURJPY pair still seeking a way to exit the sideways range that dominates the recent trades, to notice moving frequently between 125.75 support and 126.70 resistance.
We remind you that crawling below the current support will force the price to suffer intraday losses by attempting to test the main bullish channel’s support line at 125.20, while surpassing the barrier will allow the price to resume the bullish attack, to expect moving towards 127.40 followed by 128.15 in 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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