The EURJPY takes advantage of stochastic positivity – Analysis – 23-12-2021

2021-12-23 06:06:39 GMT (Economies.com)
 

Despite the recent weak trades, the EURJPY pair positive stability above 127.30 support line forms main factor to confirm the previously expected bullish scenario, noticing the price reaction to stochastic rally above 50 level, to manage to renew the bullish attempts and reach 129.50.

 

The price needs to breach 129.80 barrier to open the way to record new positive targets that might start at 130.80 followed by 131.60.

 

The expected trading range for today is between 128.70 and 130.25

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1341
-0.0063
0.5502%
1.3608
-0.0050
0.3650%
Tadawul
12260.13
73.83
0.61%
24.115
1.104
4.795%
85.139
1.270
1.514%
88.44
0.93
1.06%
1839.490
19.030
1.045%
 
 
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