The EURJPY touches the target – Analysis – 3-6-2020

Economies.com
2020-06-03 06:36AM UTC

The EURJPY pair confirmed moving into the bullish track to notice surpassing 119.80 level and record the first main target at 121.80, to face 50% Fibonacci correction level.

 

Stochastic continuous positive momentum signals by fluctuating within the overbought areas allows us to wait to breach 121.80 and open the way to record many targets, located around 122.66 followed by 123.80 in the upcoming period.

 

The expected trading range for today is between 121.90 and 123.80

 

The expected trend for today: Bullish

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