The EURJPY tends towards the positivity – Analysis – 12-8-2022

Economies.com
2022-08-12 07:44AM UTC

The EURJPY pair repeated the positive closings within the bullish track, affected by the stability of the additional support at 136.65 and manage to form some bullish waves and record the target at 138.40.

 

Stochastic current positive momentum will assist to confirm the domination of the bullish scenario, to keep waiting to form new bullish attack and succeed to surpass 138.60 and reach the next main target at 139.50.

 

The expected trading range for today is between 136.80 and 138.60

 

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The expected trend for today: Bullish

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