The EURJPY takes advantage of the positive factors – Analysis – 4-6-2020
Economies.com
2020-06-04 07:58AM UTC
The EURJPY pair continued to form the bullish waves, taking advantage of the stability above 50% Fibonacci correction level at 121.80 besides stochastic reach to the overbought areas.
These factors reinforce the efficiency of the bullish track, assuring the importance of settling above the moving average 55 to manage to resume the bullish attack to target 123.10 followed by 123.80 levels.
The expected trading range for today is between 121.80 and 123.80
The expected trend for today: Bullish
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