The EURJPY repeats the positive closings – Analysis – 9-5-2022

Economies.com
2022-05-09 04:52AM UTC

The EURJPY pair still keeping the bullish attempts by providing new positive close above 23.6% Fibonacci correction level at 136.50, to ease the mission of confirming surpassing 137.80 level and reach the additional stations at 138.70 and 139.60.

 

On the other hand, declining below the mentioned additional support and getting negative close might force it to postpone the bullish attack to suffer some losses by moving towards 135.90 followed by reaching the next support at 134.80.

 

The expected trading range for today is between 136.90 and 138.60

 

The expected trend for today: Bullish

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