The EURJPY resumes the positive correction – Analysis – 11-3-2022

2022-03-11 05:15:02 GMT (Economies.com)
 

The EURJPY pair continued to provide correctional bullish trades, taking advantage of the positive stability above 126.85 level in addition to stochastic crawl towards 80 level as appears on the chart.

 

Therefore, we suggest more positive attempts until testing 129.50 resistance line, followed by monitoring the price behavior due to the importance of this level to detect the next main trend.

 

The expected trading range for today is between 127.20 and 129.50

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9817
0.0162
1.6778%
1.1123
0.0303
2.8026%
18.816
-0.042
0.223%
81.609
2.315
2.920%
88.86
-0.46
0.52%
1660.490
15.130
0.920%
 
 
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