The EURJPY records the targets – Analysis – 14-10-2021

Economies.com
2021-10-14 04:59AM UTC

The EURJPY price got advantages from its fluctuation above 23.6% Fibonacci correction level that is represented by 130.90 level, to notice forming a strong bullish rally to surpass the target that is represented by 131.55 level.

 

The continuation of providing positive momentum to the main indicators makes us expect resuming the bullish attack until hitting 132.05 level, which might form a strong obstacle against the bullish attempts in the current period.

 

The expected trading range for today is between 131.25 and 132.05

 

The expected trend for today: Bullish

 

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