The EURJPY settles above the support – Analysis – 14-12-2021

Economies.com
2021-12-14 05:56AM UTC

There is no change on the EURJPY pair’s track, due to its repeated stability above the support at 127.45, to keep looking for the positive momentum, to ease the mission of renewing the bullish attempts and achieving the positive targets by reaching 129.00 reaching to the next barrier at 129.80.

 

Note that the price attempt to decline below the mentioned support will confirm its move to the bearish track, to begin forming strong bearish waves in order to reach 126.75 initially.

 

The expected trading range for today is between 127.50 and 129.00

 

The expected trend for today: Bullish

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