The EURJPY faces the negative pressures – Forecast today – 19-4-2024
Economies.com
2024-04-19 08:16AM UTC
EURJPY Pair Analysis
Expected Scenario
- Despite strong negative pressures this morning due to global tensions, the EURJPY pair managed to close positively above the additional support at 163.75 and rallied towards 164.50, affirming the efficacy of the previously suggested bullish scenario.
- It is crucial to gather positive momentum to facilitate breaching the 164.80 obstacle, paving the way for reaching additional positive stations at 165.30 and 165.70.
Expected Trading Range
Between 164.00 support and 165.70 resistance.
Trend Forecast: Bullish
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