The EURJPY touches the second target – Analysis – 17-9-2021

2021-09-17 05:17:46 GMT (Economies.com)
 

The EURJPY price succeeded to touch our second target at 128.80 and found solid support there, to rebound bullishly and show some bullish bias, noting that the moving average 55 forms negative pressure against the price, to support the chances of breaking the mentioned level to open the way to head towards 127.95.

 

Note that breaching 129.90 will stop the suggested negative scenario and lead the price to turn to rise.

 

The expected trading range for today is between 128.50 and 129.90

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1292
0.0049
0.4339%
1.3338
-0.0068
0.5042%
Tadawul
11299.45
-68.73
0.60%
23.648
-0.839
3.428%
74.176
-1.674
2.207%
77.55
-4.71
5.73%
1808.835
-9.000
0.495%
 
 
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