The EURJPY needs to surpass the moving average – Analysis – 27-2-2019

Economies.com
2019-02-27 07:25AM UTC

No news for the EURJPY pair that keeps fluctuating between the main support at 125.10 and the moving average 55 that forms an obstacle against the bullish rally at 126.40, thus, we expect more sideways trading until gathering new positive momentum to manage to breach the current barrier and ease the mission of reaching the positive stations located around 127.05 and 128.85.

 

The expected trading range for today is between 125.10 and 126.20

 

The expected trend for today: Sideways

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