The EURJPY touches the second target – Analysis – 1-6-2022

Economies.com
2022-06-01 05:00AM UTC

The EURJPY pair continued to provide strong positive trades to rally towards the second target at 138.50, noting that the stability of the additional support near 137.00 and stochastic rally towards the overbought areas confirm the domination of the bullish bias, to continue suggesting the bullish attempts until reaching 139.35 level, followed by pressing on the psychological barrier at 140.00.

 

The expected trading range for today is between 137.60 and 139.00

 

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The expected trend for today: Bullish

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