The EURJPY keeps the positive stability – Analysis – 4-1-2022

Economies.com
2022-01-04 06:04AM UTC

The EURJPY pair ended the temporary negative rebound by providing new positive close above 129.80 support line, forming new bullish rally to press on 130.95 obstacle.

 

The major indicators keep providing the positive momentum, allowing us to wait to surpass the current barrier followed by waiting to move towards the major targets around 131.60 and 132.45 levels.

 

The expected trading range for today is between 130.25 and 131.60

 

The expected trend for today: Bullish

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