The EURJPY prepares for new rise – Analysis – 21-3-2022

2022-03-21 04:01:20 GMT (Economies.com)
 

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

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
Live Forex Updates