The EURJPY repeats the sideways fluctuation – Analysis – 9-4-2021
Economies.com
2021-04-09 07:42AM UTC
Despite the EURJPY pair’s fluctuation within the bullish channel, the frequent lack of the positive momentum and the stability of 130.75 barrier decreases the strength of the bullish attack, to force the price to form new sideways fluctuations by settling near 130.20.
We remind you that the bullish scenario will remain valid as long as the main support line at 129.20 remains intact, waiting to breach 130.75 barrier to manage to reach the positive stations near 131.60 followed by 132.70.
The expected trading range for today is between 129.30 and 130.30
The expected trend for today: Fluctuated within the bullish track
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