The EURJPY settles above the barrier – Analysis – 13-10-2021

Economies.com
2021-10-13 04:58AM UTC

The EURJPY price ended yesterday by providing positive close above 130.85 barrier, hinting its preparation to resume the bullish attack by touching 131.27 level.

 

The continuous positive momentum coming by the major indicators reinforces our bullish overview, waiting to renew the bullish attack until targeting new positive levels that might start at 131.55 and 132.05 levels.

 

The expected trading range for today is between 130.60 and 131.55

 

The expected trend for today: Bullish

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