The EURJPY holds above the support – Analysis – 7-3-2019

2019-03-07 07:29:59 GMT (

The EURJPY pair still stable above the initial support 126.20 since yesterday, to increase the chances of renewing the previously suggested bullish attempts, expecting to gather new positive momentum to rally towards 127.50 that forms the first positive station, followed by extending trades towards 128.80 to press on 38.2% Fibonacci correction level.


We remind you that facing additional negative pressures and crawling below the current support will postpone the positive overview to increase the chances of suffering some losses by moving towards 125.45 followed by reaching 124.70 key support.


The expected trading range for today is between 126.20 and 127.50


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.