The EURJPY begins recording the extra targets – Analysis – 11-9-2019
Economies.com
2019-09-11 06:26AM UTC
The EURJPY pair confirmed its affection by the bullish correctional bias domination by forming a new bullish rally, recording the initial extra targets at 119.10, unless breaking the support at 118.40 so that makes us prefer more of the bullish attempts, targeting 120.05 level to press on 38.2% Fibonacci correction level.
While the decline below the current support, so that will cancel the bullish correctional overview, which forces it to renew the negative attack to target 117.55 level reaching to the main support at 116.10.
The expected trading range for today is between 118.80 and 121.00
The expected trend for today: Bullish
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