Forex

The EURJPY tends to change the trend – Analysis – 12-3-2019

2019-03-12 08:14:58 GMT (Economies.com)

The EURJPY pair reacted to stochastic release from the oversold areas by forming new bullish wave and settle above the bearish channel’s resistance at 125.00, while the stability above the broken barrier confirms the preparation to form new bullish trades to target 126.20 initially, followed by monitoring the price behavior to manage to detect the next main targets.

 

The expected trading range for today is between 125.00 and 126.20

 

The expected trend for today: Bullish

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