Category: Forex News, News
The EURJPY awaits to surpass the barrier– Forecast today – 20-5-2025
Platinum price neediness to the negative momentum led to form some of the bullish waves by its stability above $983.00, approaching from the resistance at $1005.00, note that the continuation of providing positive momentum by the main indicators will confirm delaying the negative attack, to increase the chances of the trading rally towards 61.8%Fibonacci correction level, which forms the dividing line between confirming the main trend in the upcoming trading.
Therefore, we expect the continuation of the price’s fluctuation within tight range, to keep waiting for its decline below $983.00, which allows it activate the negative attack and reach towards the negative stations near $966.00 and $950.00.
The expected trading range for today is between $983.00 and $1010.00
Trend forecast: Fluctuated
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Written by : Editorial team of BIPNs
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