The EURJPY settles within temporary sideways range – Analysis – 19-3-2021

2021-03-19 08:07:32 GMT (Economies.com)
 

The EURJPY pair formed new sideways trades to notice its stability near the additional support at 129.60, to resist the negative pressures caused by stochastic crawl towards 50 level.

 

The stability within the bullish channel allows us to wait to gather the positive momentum to confirm its preparation to record the main targets around 130.75 and 131.80 levels.

 

The expected trading range for today is between 129.60 and 131.00

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1982
0.0071
0.5994%
1.3839
0.0091
0.6648%
Tadawul
9987.92
124.63
1.26%
25.945
0.850
3.387%
63.092
2.702
4.474%
66.70
-0.23
0.34%
1775.845
38.910
2.240%
 
 
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