Forex

The EURJPY repeats the positive closings – Analysis – 30-11-2020

2020-11-30 06:36:59 GMT (Economies.com)

No change to the EURJPY pair’s bullish track as it keeps providing frequent positive trades above 123.40 support line, while the price needs to provide positive close above 124.55 to manage to resume recording the positive targets around 125.10 followed by reaching 126.70.

 

The moving average 55 approach to the mentioned support along with stochastic continuous fluctuation within the overbought areas form factors that agree the domination of the bullish bias, to keep waiting to achieve the condition to resume the mentioned bullish attack.

 

The expected trading range for today is between 123.70 and 125.10

 

The expected trend for today: Bullish

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