The EURJPY provides positive signal – Analysis – 19-7-2022

Economies.com
2022-07-19 05:28AM UTC

The EURJPY pair provided positive signal yesterday by fluctuating above 140.10 resistance, recording 140.80 level followed by bouncing below the resistance line due to the lack of the positive momentum until this moment.

 

These factors support the chances of regaining the bullish bias, while that requires providing positive close above the mentioned resistance to manage to continue rising and record more positive gains by reaching 141.40 and 142.30 levels.

 

The expected trading range for today is between 139.50 and 141.40

 

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The expected trend for today: Bullish

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