The EURJPY tests the intraday positivity – Analysis – 27-6-2019
Economies.com
2019-06-27 07:18AM UTC
The EURJPY pair exited the sideways range yesterday by forming bullish wave, to surpass 122.50 resistance and renew the bullish trades on the near term and medium term basis, expecting to resume the positive rally to target 132.50 followed by 124.30 to test the bearish channel’s resistance.
Also, stochastic reach to the overbought areas reinforces the bullish overview by providing new positive momentum that confirms the attempt to record the mentioned targets.
The expected trading range for today is between 122.40 and 123.50
The expected trend for today: Bullish
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