EURJPY repeats the positive crawling – Analysis – 18-9-2018

Economies.com
2018-09-18 06:19AM UTC

The EURJPY pair kept its positive stability above the initial support 129.90 to support the continuation of the positivity and approach 131.00 level, while the price needs new positive momentum to ease rallying towards the main positive targets at 131.45 followed by reaching the key resistance at 132.20.

 

We notice stochastic attempt to consolidate above 50 level to support the bullish attempts by providing new positive momentum to increase the chances of reaching the waited targets.

 

Expected trading range for today is between 130.40 and 131.45

 

Expected trend for today: Bullish

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