The EURJPY holds within the bullish track – Analysis – 16-4-2021

Economies.com
2021-04-16 07:42AM UTC

The EURJPY pair avoided the risks of changing the bullish track by providing new positive close above the bullish channel’s support line at 129.55, to notice the beginning of forming bullish trades and its stability near 130.30.

 

We remind you that it is important to surpass 130.75 barrier to open the way to achieve many gains by moving towards 131.60 first followed by waiting to achieve the main target at 132.70.

 

The expected trading range for today is between 129.70 and 130.60

 

The expected trend for today: Bullish

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