The EURJPY repeats the positive closings – Analysis – 30-3-2021

Economies.com
2021-03-30 05:17AM UTC

No change to the EURJPY pair’s track as it keeps fluctuating above the bullish channel’s support line at 128.60, thus, we will keep waiting to gather the required additional positive momentum to achieve the main targets at 130.10 and 130.70.

 

On the other hand, attempting to crawl below the mentioned support will hint moving to the bearish track, to force it to suffer many losses by declining towards 127.80 followed by reaching 38.2% Fibonacci correction level at 126.70.

 

The expected trading range for today is between 128.70 and 130.10

 

The expected trend for today: Bullish

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