EURJPY prepares for new positive attack – Analysis – 26-9-2018

Economies.com
2018-09-26 06:59AM UTC

The EURJPY pair took breath by consolidating near the recently recorded top at 133.10, to increase the chances of gathering new positive momentum, while the price stability within the bullish channel allows us to suggest more bullish attempts to expect gathering additional momentum to target 133.40 followed by 134.35 levels.

 

Also, 23.6% Fibonacci correction level forms additional support at 132.20 to confirm keeping the bullish attempts to keep waiting to gather the positive momentum followed by recording the mentioned targets.

 

Expected trading range for today is between 132.20 and 133.40

 

Expected trend for today: Bullish

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