The EURJPY leans above the support – Analysis – 5-6-2023
Economies.com
2023-06-05 05:44AM UTC
The EURJPY pair still consolidated above the minor bullish channel’s support line until this moment near 149.20, to hint surrendering to the domination of the bullish bias and notice recording some gains by touching 150.00 level.
The price needs new positive momentum to manage to reinforce the chances of activating the bullish attack to attempt to reach the first positive target at 150.50, followed by extending trades towards the recently recorded high at 151.60.
The expected trading range for today is between 149.30 and 150.50
The expected trend for today: Bullish
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