Forex

The EURJPY keeps the positivity – Analysis – 4-3-2019

2019-03-04 08:08:23 GMT (Economies.com)

The EURJPY pair repeated the positive trading above 126.50 level that formed the initial support against the bullish attempts, to reinforce our expectations to target 128.05 followed by reaching 128.85 barrier.

 

The price gets its positive momentum by the moving average 55 consolidation below the mentioned initial support, besides stochastic stability within the overbought areas to support the bullish attempts until achieving the waited targets.

 

The expected trading range for today is between 126.85 and 128.05

 

The expected trend for today: Bullish

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