Forex

The EURJPY keeps the positive attempts – Analysis – 13-3-2019

2019-03-13 07:48:40 GMT (Economies.com)

The EURJPY pair provided a new positive close above 124.85 level, which formed an extension to the current support, confirming its readiness to build a strong bullish trading in the near and medium period, providing positive momentum by stochastic rally above 50 level will increase the chances for hitting the initial target at 126.20, surpassing this barrier makes us expect reaching 127.50 to form the second target for the upcoming trading.

 

The expected trading range for today is between 125.20 and 126.20

 

The expected trend for today: bullish

 

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