The EURJPY keeps the positivity – Analysis – 18-10-2021

2021-10-18 04:54:37 GMT (Economies.com)
 

The EURJPY price succeeded to hold above 132.05 and form additional support against the bullish attempts in order to confirm targeting new positive levels in the near term and medium term period, thus, we will keep waiting to gather the additional positive momentum to extend trades towards 133.10 followed by reaching the main target at 133.58.

 

Any attempt to decline below the mentioned support will postpone the bullish attack, to form correctional bearish rebound and suffer some losses by moving towards 131.60 followed by 131.20 levels.

 

The expected trading range for today is between 132.00 and 133.10

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0734
0.0081
0.7627%
1.2532
-0.0030
0.2424%
22.112
0.200
0.915%
110.258
0.119
0.108%
113.69
0.29
0.26%
1867.280
10.845
0.584%
 
 
Live Forex Updates