The EURJPY provides intraday sideways trades – Analysis – 24-3-2022

Economies.com
2022-03-24 04:07AM UTC

The EURJPY pair provided mixed sideways trades yesterday due to the frequent consolidation below 133.55 resistance, to hinder the bullish rally temporarily as expected, reminding you that the chances are valid to start the correctional bearish rebound that might target 132.50 soon.

 

These factors allow us to suggest the negative fluctuation for now unless breaching the mentioned resistance, as it will activate the bullish track again to open the way to target new positive stations by reaching 134.10 and 134.90 levels.

 

The expected trading range for today is between 133.60 and 132.50

 

The expected trend for today: Bearish

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