The EURJPY tests the support – Analysis – 2-7-2020
Economies.com
2020-07-02 05:28AM UTC
The EURJPY pair ended the temporary negative rebound by testing the minor bullish channel’s support line by touching 120.25 level, to rebound bullishly towards 121.05 and keep its stability within the bullish channel that appears on the chart.
Stochastic begins to provide the positive momentum to increase the chances of forming the bullish attack, to expect moving towards 121.80 followed by 122.50 levels initially.
The expected trading range for today is between 120.60 and 121.80
The expected trend for today: Bullish
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