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

2022-04-19 05:53:16 GMT (Economies.com)
The EURJPY resumes the rise – Analysis – 19-4-2022
 

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

 
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  Symbol Last Change Chg.%
EUR/USD
1.0368
-0.0073
0.6996%
Midday update for the EURUSD 29-11-2022
GBP/USD
1.2010
-0.0038
0.3150%
Silver
21.417
0.061
0.286%
Oil
78.980
4.551
6.115%
Midday update for Crude oil 29-11-2022
Brent Oil
85.16
1.94
2.33%
Gold
1756.905
6.430
0.367%
Midday update for Gold 29-11-2022
 
 
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