The EURJPY rebounds positively – Analysis – 28-4-2022
Economies.com
2022-04-28 05:45AM UTC
The EURJPY pair failed to crawl below 134.70 level, to decrease the chances of resuming the correctional bearish attack and notice bouncing towards 136.50, to press on the additional barrier that represents 23.6% Fibonacci correction level.
We expect to form some sideways trades until surpassing one of the mentioned barriers that will assist to detect the next main targets, noting that rallying above 136.50 will allow it to renew the bullish attempts to repeat the pressure on 138.80 resistance.
The expected trading range for today is between 135.20 and 137.30
The expected trend for today: Bullish
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