The EURJPY tends to regain the bullish bias – Forecast today – 19-3-2024
Economies.com
2024-03-19 05:04AM UTC
The EURJPY pair took advantage of the positive momentum provided by the major indicators, as the MA55 formed new support at 161.80, to notice forming strong positive wave and attempt to settle above 162.70 that forms the recently broken bullish channel’s support line.
Confirming the attempt to regain the bullish track requires providing new positive close above the current support, to reinforce the chances of targeting the positive stations that might start at 163.25 and 163.80.
The expected trading range for today is between 162.60 and 163.25
Trend forecast: Bullish
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