The EURJPY needs new positive momentum – Analysis – 18-1-2022
Economies.com
2022-01-18 06:17AM UTC
The EURJPY pair ended its recent positive rally by recording 131.15 level, to settle below the additional barrier at 131.50 due to the lack of the positive momentum, while the main stability above 129.80 support line and the moving average 55 fluctuation near it will confirm blocking trades within the bullish track, waiting to gather the additional positive momentum to manage to resume recording the targets at 132.40 and 133.55.
The expected trading range for today is between 130.70 and 132.40
The expected trend for today: Bullish
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