The EURJPY has to rise – Analysis – 16-3-2021
Economies.com
2021-03-16 06:57AM UTC
The EURJPY pair still confined with strong positive factors to reinforce our bullish overview that targets 130.75 followed by reaching the bullish channel’s resistance at 131.65.
One of the most important positive factors is forming additional support at 129.60 level, to confirm blocking trades within the bullish track until reaching the waited targets, also, stochastic fluctuate within the overbought areas will provide the price with additional momentum to ease forming bullish waves in the upcoming period.
The expected trading range for today is between 129.65 and 130.75
The expected trend for today: Bullish
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