The EURJPY is hesitant – Analysis – 16-3-2022

2022-03-16 05:05:03 GMT (Economies.com)
 

The EURJPY pair kept its sideways stability near 129.85 barrier, affected by the continuous positive momentum coming by the major indicators, to decrease the chances of forming any negative wave now.

 

These factors increase the chances of confining trades within tight range represented by the mentioned barrier and 129.10 support, to stay neutral and wait to surpass one of these levels to detect the next main trend.

 

The expected trading range for today is between 129.10 and 129.85

 

The expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
0.9800
0.0145
1.4976%
1.1078
0.0257
2.3784%
18.821
-0.037
0.199%
81.544
2.250
2.837%
88.67
-0.65
0.73%
1660.605
15.245
0.926%
 
 
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