The EURJPY attack the extra barrier– Analysis – 9-6-2022

Economies.com
2022-06-09 05:24AM UTC

The EURJPY pair ended its bullish rally by reaching 144.25, to form a strong extra barrier against the suggested bullish trading, in spite of the continuation of providing positive momentum, but the stability of the current barrier might force it to form mixed trading, which might push it to decline correctly to 142.20.

 

While the price success to surpass the barrier and providing positive close above it, so that will assist to reinforce the domination of the bullish bias, to increase the chances for resuming the rise to target new levels that might begin at 144.85 and 145.65.

 

The expected trading range for today is between 144.50 and 142.90

 

The expected trend for today: fluctuated within the bullish track

 

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