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EURJPY September, 09 2020
Overview:
The above chart shows that the pair is trading above a strong support level around 124.40, which enhances the bullish chances during today's trading.
Expected:
Continuing trading above the aforementioned support level, may push the pair to rise to 126
Alternative Scenario:
On the other hand, we think that if the 124.40 level is broken to the downside, this pair might push down to 124
| Resistance | 126.00 | 126.30 | 126.60 |
| Support | 124.40 | 124.20 | 124.00 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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