EURJPY is Moving Within a Contained Zone
Burc Oran
January 11, 2021
EURJPY Bollinger Bands (200 MA with +-1 Standard Deviation)
EURJPY Bollinger Bands (200 MA with +-1 Standard Deviation)

EURUSD is moving within a trend channel that has a slightly positive slope. In this channel 200-hour moving average with plus and minus 1 standard deviation lines creating pivot levels.

Below the 200-hour MA, 126.38-126.30 zones can be followed as support. Above the moving average, 127.12 and 127.50 levels will be possible resistance levels.

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