No news for the EURJPY – Analysis – 19-4-2021
The EURJPY pair repeated the mixed trades by moving between the bullish channel’s support line at 129.40 and 130.75 resistance, also, the contradiction between the major indicators reinforces the domination of the sideways bias for now, to keep waiting to surpass one of the mentioned levels to manage to confirm the next main targets.
Succeeding to surpass 130.75 barrier will allow the price to resume the bullish attack, to record new positive levels that might start at 131.60, while crawling below the major support will confirm changing the bullish track, to expect suffering big losses that might start at 128.55.
The expected trading range for today is between 129.40 and 130.60
The expected trend for today: Fluctuated within the bullish track
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