The EURJPY keeps the positivity – Analysis – 12-9-2019

The EURJPY pair confirmed the continuation of the bullish bias domination by testing the initial support at 118.40 and forming a strong bullish rebound, to settle near 119.10, in spite of the contradiction of the main indicators until this moment, but that will not decelerate the bullish attempts that targets 120.05 and 120.65 level.

The risk of the changing the current trend by the price reach below the mentioned initial mentioned support, to confirmed its surrender to the bearish bias domination, to renew the attempts for pressing on the critical support at 116.10

The expected trading range for today is between 118.80 and 120.05

The expected trend for today: Bullish