The EURJPY touches the main resistance – Analysis – 25-3-2022

2022-03-25 07:34:44 GMT (Economies.com)
 

The EURJPY pair faced new negative pressures yesterday, to notice forming new bullish rally and face the main resistance at 134.70, while the upcoming scenario depends on the strength of this resistance to expect fluctuating below it and start the correctional bearish track that might target 133.50 initially.

 

On the other hand, succeeding to jump above this resistance will confirm moving to new bullish track to manage to record more targets by moving towards 136.15 and 137.40 levels.

 

The expected trading range for today is between 135.00 and 133.50

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
0.9803
0.0148
1.5292%
1.1077
0.0257
2.3724%
18.818
-0.040
0.215%
81.625
2.331
2.940%
88.57
-0.75
0.84%
1660.470
15.110
0.918%
 
 
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