EURJPY September, 23 2020
Overview:
The above chart shows that the pair is trading above a strong support level around 122.50, which enhances the bullish chances during today's trading
Expected:
Continuing trading above the aforementioned support level, may push the pair to rise to 123.30
Alternative Scenario:
On the other hand, we think that if the 122.50 level is broken to the downside, this pair might push down to 122
Resistance | 123.30 | 123.60 | 123.90 |
Support | 122.50 | 122.20 | 122.00 |
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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