The EURJPY tests the historical high – Analysis – 29-3-2022

2022-03-29 04:06:43 GMT (Economies.com)
 

The EURJPY pair formed strong bullish rally to surpass 136.15 level, to test the historical high at 137.52 and rebounds quickly towards 135.50.

 

We expect to form additional support at 134.80, to renew the bullish attempts and increase the chances of reaching the mentioned top, while surpassing it will move trades towards the main bullish channel’s resistance at 138.70.

 

The expected trading range for today is between 134.80 and 137.00

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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