The EURJPY attempts to confirm the positivity – Forecast today – 30-4-2024

Economies.com
2024-04-30 05:35AM UTC

EURJPY Pair Analysis

Expected Scenario

  • The EURJPY pair ended the mixed trades by maintaining stability within the main bullish channel, fluctuating above the 167.40 level and signaling a potential resurgence in bullish attempts.
  • Gathering positive momentum is emphasized to confirm the bullish track, with expectations of targeting multiple stations starting at 168.25 and 168.90 levels.
  • It is important to hold above 167.40 to avoid potential losses due to activation of negative correction.

Expected Trading Range

Between 167.00 and 168.25.

Trend Forecast: Bullish

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