The EURJPY holds above the additional support – Analysis – 4-4-2022

No change to the EURJPY pair’s bullish track until this moment, due to the positive stability above 134.80 support line, expecting to get positive momentum by stochastic to target new positive levels that might start at 136.80 followed by repeating the pressure on 137.55 obstacle.

Note that crawling below the current support and getting negative close below it will increase the chances of forming correctional bearish trades, to suffer some losses by moving towards 134.10 and 133.60.

The expected trading range for today is between 135.00 and 137.55

The expected trend for today: Bullish