The EURJPY takes advantage of the positive pressures – Analysis – 13-9-2019
Economies.com
2019-09-13 07:16AM UTC
The EURJPY pair get advantage from the extra positive momentum that comes from stochastic which is settled within the overbought level, to notice forming a strong positive rally, to approach from the initial target at 120.05.
The continuation of suffering positive pressures will assist the price to breach 120.05 level that forms 38.2% Fibonacci correction level, to allow it to resume the bullish correction and achieve a new target by reaching 120.65 and 121.30.
The expected trading range for today is between 119.20 and 120.65
The expected trend for today: Bullish
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