The EURJPY keeps the positivity – Forecast today – 17-4-2024

Economies.com
2024-04-17 05:40AM UTC

Expected Scenarios

  • Despite recent weak trades, the EURJPY pair shows frequent stability above the MA55.
  • MA55 forms additional support now at 163.70.
  • Stochastic attempt to provide positive momentum.
  • Keeping bullish overview on near-term and medium-term basis.
  • Targeting 164.85 level soon, followed by reaching the next main target at 165.30.

Expected Range for Today

The expected trading range for today is between 163.80 and 164.85.

Trend Forecast: Bullish

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