The EURJPY forms strong bullish rally – Analysis – 28-4-2021

Economies.com
2021-04-28 05:43AM UTC

The EURJPY pair succeeded to surpass 130.80 barrier yesterday, confirming surrendering to the domination of the bullish bias, to keep its stability within the bullish channel to notice recording the positive targets by touching 131.60.

 

Stochastic continuous positive momentum signals by fluctuating within the overbought areas will increase the chances of resuming the bullish attack, to expect reaching 131.90 followed by 133.05 levels.

 

The expected trading range for today is between 131.00 and 131.90

 

The expected trend for today: Bullish

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