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The EURJPY prepares for new rise – Analysis – 21-3-2022
The EURJPY pair repeated the positive closings within the bullish track by moving away from 129.85 support line, surpassing 23.6% Fibonacci correction level, noticing touching 131.90 level recently.
The continuous positive momentum coming by the major indicators confirms the preparation to form new bullish attack, to expect moving towards 132.60 level soon, while surpassing this obstacle will push the price to renew the pressure on the major resistance at 133.55.
The expected trading range for today is between 131.00 and 132.60
The expected trend for today: Bullish
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The GBPJPY continues to rise – Analysis – 21-3-2022
The GBPJPY pair kept its positive stability within the bullish channel, forming new bullish wave to touch 157.20 level, reminding you that the continuous positive momentum coming by the major indicators and 155.20 level forming additional support will increase the chances of moving towards 158.00 resistance, followed by monitoring the price behavior to manage to detect the next main trend.
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