The EURJPY still bullish – Analysis – 26-1-2021
Economies.com
2021-01-26 06:11AM UTC
Despite the EURJPY pair’s negative fluctuations yesterday and settling below 126.40, it won’t affect the bullish track due to the stability of 125.05 support line, also, the stability of the moving average 55 below this support confirms blocking trades within the bullish track for the near term and medium term period.
Therefore, we will wait to gather the additional positive momentum that will allow the price to hold above 126.40 to increase the chances of resuming the bullish attack and press on 127.00 resistance.
The expected trading range for today is between 125.40 and 126.90
The expected trend for today: Bullish
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