Forex

The EURJPY provides positive signal – Analysis – 24-11-2020

2020-11-24 06:45:19 GMT (Economies.com)

The EURJPY pair succeeded to surpass 123.45 barrier yesterday, to settle within the bullish track again, allowing us to start suggesting the bullish attempts again.

 

The price needs new positive momentum, assuring the importance of holding above 123.15 support line to increase the chances of achieving 124.30 level soon, followed by repeating the pressure on 125.00 in order to find a path to resume the bullish attack in the upcoming period.

 

The expected trading range for today is between 123.20 and 124.30

 

The expected trend for today: Bullish

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