The EURJPY rises strongly – Analysis – 5-10-2021
1 year ago

The EURJPY price continued to form strong bullish trades, to notice surpassing the target at 132.05 and open the way to achieve additional gains and settle near 132.62, while the frequent fluctuation above 132.00 allows us to suggest more bullish attempts that might target 133.10 and 133.58 levels.


Also, stochastic fluctuation within the overbought areas forms major factor to confirm the continuation of the positivity by providing the additional positive momentum to ease the mission of reaching the mentioned positive stations.



The expected trading range for today is between 131.75 and 133.10


The expected trend for today: Bullish

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