The EURJPY still confined – Analysis – 3-12-2021

Economies.com
2021-12-03 09:52AM UTC

No change to the EURJPY pair’s trades that keeps moving within sideways range, represented by 128.45 resistance and 127.55 support, thus, we will stay neutral until surpassing one of these levels.

 

We remind you that surpassing the resistance will open the way to record some positive targets towards 129.20, while crawling below the support will force it to suffer additional losses that might extend towards 126.80 initially.

 

The expected trading range for today is between 127.50 and 128.50

 

The expected trend for today: Neutral

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