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The EURJPY fluctuates within the bullish track – Forecast today – 17-6-2024
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The EURJPY fluctuates within the bullish track – Forecast today – 17-6-2024
Jun 17, 2024 2:05 AM

EURJPY Pair Price Analysis Expected Scenario The EURJPY pair continued to form correctional bearish waves on last Friday, due to facing new negative pressures, to crawl below the additional support 168.90 and notice approaching the main bullish channels support line at 167.35. Holding above the major support reinforces the chances of forming new bullish waves soon, waiting to surpass 168.90 again followed by starting to target some positive stations that start at 169.45 and 170.10, while breaking the bullish channels support line and holding below it will confirm moving to the negative track, to suffer big losses by moving towards 166.90 and 166.40 levels. Expected Trading Range Between 167.60 and 168.90.

Trend Forecast: Bullish

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