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The EURJPY records big gains – Forecast today – 14-5-2024
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The EURJPY records big gains – Forecast today – 14-5-2024
May 13, 2024 11:35 PM

EURJPY Pair Analysis Expected Scenario The EURJPY pair continued to form strong bullish waves since succeeding to surpass 166.50 level, to form new support against the bullish trades and notice achieving big gains recently by reaching 168.77, achieving the suggested targets in our previous report. The price might face some difficulty to resume the bullish attack due to 168.95 level forming additional barrier, to expect forming temporary sideways fluctuation until gathering the required additional positive momentum to achieve the breach followed by attempting to reach new stations that might start at 169.62 and 170.10. Expected Trading Range Between 168.30 and 168.80

Trend Forecast: Sideways

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