The EURJPY keeps the bullish bias – Analysis – 01-12-2020
Economies.com
2020-12-01 06:26AM UTC
The EURJPY pair succeeded to provide new positive closings by settling above 124.00 level, to form additional support against the bullish trades and increases the chances of recording additional positive targets that might start at 125.10 followed by 125.70 and 126.70.
Note that stochastic attempt to exit the overbought areas might force the price to form some temporary sideways fluctuation until gathering the additional positive momentum followed by starting to target the suggested positive stations.
The expected trading range for today is between 124.00 and 125.10
The expected trend for today: Bullish
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