EURJPY keeps the negative stability – Analysis – 12-10-2018
Economies.com
2018-10-12 08:43AM UTC
The EURJPY pair kept its negative stability below 130.50 resistance today, to increase the chances of forming strong negative attack, assuring the importance of breaking 129.00 obstacle to open the way to resume the negative attack that targets 128.80 and 128.05 levels.
Any attempt to breach the current resistance will confirm the preparation to form strong bullish attack, expecting to breach the moving average 55 and moves towards 131.20 level first.
Expected trading range for today is between 130.50 and 129.00
Expected trend for today: Bearish
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