The EURJPY needs new momentum – Analysis – 18-3-2021
Economies.com
2021-03-18 06:28AM UTC
The EURJPY pair kept its positive stability above 129.50, to confirm surrendering to the expected bullish bias domination, noticing its approach to the first additional target at 130.75.
The lack of the positive momentum might force the price to form some sideways fluctuation, waiting to gather the required additional momentum to beach the current barrier to manage to record new targets that might extend towards 131.30 followed by reaching the bullish channel’s resistance near 131.80.
The expected trading range for today is between 129.80 and 131.30
The expected trend for today: Bullish
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