The EURJPY approaches the support – Analysis – 14-1-2021
Economies.com
2021-01-14 06:03AM UTC
The EURJPY pair continued to form intraday negative fluctuations, to notice approaching the bullish channel’s support line at 126.05, affected by stochastic negativity.
The bullish scenario depends on the strength of the current support, to increase the chances of forming new bullish attack to target 127.50 and 128.25 levels, while crawling below the support will cancel the positive overview to force it to suffer many losses by declining towards 125.10 followed by reaching the moving average 55 near 124.65.
The expected trading range for today is between 126.05 and 127.50
The expected trend for today: Bullish
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