The EURJPY surpasses the additional barrier – Analysis – 6-2-2023
Economies.com
2023-02-06 05:23AM UTC
The EURJPY pair started to form new correctional bullish wave to surpass the additional barrier 141.75 and notice recording some gains by touching 142.85 level.
Continuing to consolidate above the breached barrier reinforces the chances of renewing the correctional attempts for now, to expect targeting 143.60 and 144.00 levels, while gathering the additional negative momentum and crawling below 141.75 will activate the bearish track again, to increase the chances of crawling towards 141.10 followed by repeating the pressure on 140.25 obstacle.
The expected trading range for today is between 141.75 and 143.60
The expected trend for today: Bullish
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