The EURJPY holds above the support – Analysis – 23-10-2020

2020-10-23 08:08:40 GMT (

The EURJPY pair ended yesterday by providing positive stability above 123.30 support line, to confirm keeping the bullish bias domination and notice bouncing towards 123.80 level, to decrease the risks of exiting the bullish track.


Also, stochastic begins to provide the positive momentum to allow us to suggest the bullish attempts, to attempt to breach 124.40 level soon followed by targeting 125.05 that formed strong obstacle against the bullish attempts recently.


The expected trading range for today is between 123.30 and 124.40


The 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.