The EURJPY touches the first target – Analysis – 12-4-2022

Economies.com
2022-04-12 06:21AM UTC

The EURJPY pair took advantage of the positive factors represented by forming additional support at 134.60 and stochastic continuous positive momentum, which pushed the price to form strong bullish rally and achieve the first target at 136.75.

 

These factors allow us to keep the bullish overview for the upcoming period, reminding you that it is important to monitor the price behavior in case touching the target at 137.70, due to its importance to detect the next main targets.

 

Advertistment

The expected trading range for today is between 136.20 and 137.70

 

The expected trend for today: Bullish

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