The EURJPY needs new momentum – Analysis – 1-4-2022

Economies.com
2022-04-01 05:27AM UTC

The EURJPY pair continued to fluctuate above the additional support near 134.70 to confirm its affect by the domination of the previously suggested bullish bias, while the contradiction between the major indicators decreases the strength of the bullish rally, to notice fluctuating near 135.50 within recording any new positive target.

 

Therefore, we are waiting to gather the additional positive momentum to assist to ease the mission of reaching the additional stations near 136.80 followed by reaching 137.55.

 

The expected trading range for today is between 135.00 and 137.55

 

The expected trend for today: Bullish

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