Forex

EURJPY settles above the average – Analysis – 5-3-2019

2019-03-05 07:49:54 GMT (Economies.com)

The EURJPY price is forced to form yesterday to form an intraday negtaive rebound to test the moving average 55 at 126.45, in general, the bullsih suggestion will remain valid due to the stability of the main support at 124.70, besides forming a strong support at 126.20 at 50% Fibonacci correction level, to keep prefering the attempt of recording new targets by surpassing 127.50 level, to target 128.05 and 128.85 level.

 

Expected trading for today is between 126.20 and 128.05.

 

Expected trend for today: Bullish

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.