The EURJPY achieves some gains – Analysis – 18-5-2022
Economies.com
2022-05-18 05:01AM UTC
The EURJPY pair get advantage from stochastic positivity by forming strong bullish wave, to press on 23.6% Fibonacci correction level, which formed the initial main target by its stability near 136.60.
We expect forming some of the sideways fluctuated moves until achieving the mentioned obstacle, which allows it to resume the rise and achieve more of the positive targets at 137.15 and 138.00.
The expected trading range for today is between 135.40 and 137.15
The expected trend for today: Bullish
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