The EURJPY repeats the positive closings – Analysis – 10-1-2022

Economies.com
2022-01-10 05:51AM UTC

Despite the EURJPY pair’s recent weak trades, the frequent positive stability above the additional support 129.85 and fluctuating above 23.6% Fibonacci correction level recently at 130.80 allow us to keep the expected bullish overview.

 

Therefore, we will keep waiting to gather the additional positive momentum to manage to form new bullish rally and manage to record more positive targets, located now near 131.85 and 132.45.

 

The expected trading range for today is between 130.80 and 131.85

 

The expected trend for today: Bullish

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