The EURJPY seeks the positive momentum – Forecast today – 22-3-2024
Economies.com
2024-03-22 07:32AM UTC
The EURJPY pair surrendered to the strength of the additional barrier 165.30, to force it to postpone the bullish attack and form strong correctional bearish waves to settle near 163.85.
The effect of the correctional track might continue in the near-term period due to stochastic reach to the oversold areas, while we assure the importance of monitoring the price behavior in case reaching the bullish channel’s support line at 163.20, which forms main key to confirm the next main trend.
The expected trading range for today is between 163.40 and 164.25
Trend forecast: Bullish
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