The EURJPY resumes the rise – Analysis – 19-4-2022

2022-04-19 05:53:16 GMT (Economies.com)
 

The EURJPY pair didn’t get enough of facing 137.70 barrier that formed the first main target of the bullish track, to notice surpassing it and reaching 138.05.

 

The main stability within the bullish channel and the consolidation of the additional support at 134.90 support the bullish overview, also, the continuous positive momentum coming by the major indicators will increase the chances of moving towards 138.90 that forms the extension of the resistance as appears on the chart.

 

The expected trading range for today is between 136.80 and 138.80

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0368
-0.0073
0.6996%
1.2010
-0.0038
0.3150%
21.417
0.061
0.286%
78.980
4.551
6.115%
85.16
1.94
2.33%
1756.905
6.430
0.367%
 
 
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