Category: Forex News, News
Natural gas price repeats the positive closes– Forecast today – 23-4-2025
No news for the EURJPY pair, to keep providing weak sideways trading, due to the continuous contradiction between the main indicators in the last period, to notice its fluctuation near the moving average 55 at 161.60.
Note that the stability of the trading below the main resistance at 163.05 represents a main factor for confirming the bearish bias domination, to keep waiting for targeting negative stations near 160.35 and 159.55, while breaching the resistance and holding above it will cancel the negative suggestion, to begin targeting several positive stations by reaching 163.70 and 164.20.
The expected trading range for today is between 160.35 and 162.40
Trend forecast: Bearish
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Written by : Editorial team of BIPNs
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