The EURJPY keeps the positivity – Analysis – 5-5-2021
Economies.com
2021-05-05 06:03AM UTC
No change to the EURJPY pair’s bullish track as it remains stable above the bullish channel’s support line at 130.35, in addition to forming positive fluctuation above the moving average 55, to form additional support at 130.80.
Also, stochastic approach to 80 level will increase the chances of gathering the positive momentum to expect targeting 131.90 followed by 132.60 levels.
The expected trading range for today is between 131.00 and 131.90
The expected trend for today: Bullish
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