The EURJPY moves towards the first target – Analysis – 27-4-2022

Economies.com
2022-04-27 05:48AM UTC

The EURJPY pair succeeded to get rid of the additional support at 136.40, forming new correctional bearish attack to achieve some targets by reaching 135.00.

 

Despite trading within the bullish channel, the major indicators provide the negative momentum to increase the chances of resuming the correctional attack, to expect the attempt to crawl towards 134.40 followed by 133.55.

 

The expected trading range for today is between 136.40 and 134.40

 

The expected trend for today: Bearish

 

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