The EURJPY awaits to breach the barrier – Analysis – 15-4-2021
Economies.com
2021-04-15 05:57AM UTC
The EURJPY pair continues to provide weak sideways trades despite its consolidation above the bullish channel’s support line 129.50 today, affected by the stability of 130.75 barrier, thus, we will keep waiting to achieve the required breach to confirm its preparation to record more positive targets that start from 131.60 followed by 132.70.
On the other hand, crawling below the mentioned major support will cancel the positive overview to start forming strong negative trades that might push it to reach 128.45 and 127.50 levels.
The expected trading range for today is between 129.70 and 130.60
The expected trend for today: Bullish
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