The EURJPY faces stochastic negativity – Analysis – 4-5-2021
Economies.com
2021-05-04 05:54AM UTC
The EURJPY pair faced sudden negative pressures yesterday due to stochastic crawl towards the oversold areas, to postpone the bullish attack by bouncing towards 131.50.
In general, the price consolidation within the main bullish channel and 131.30 level forming the additional support allow us to wait to gather the positive momentum again, to manage to resume achieving the positive targets that might start at 132.60 and 133.05 levels.
The expected trading range for today is between 131.30 and 132.60
The expected trend for today: Bullish
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