Category: Forex News, News
The EURJPY leans above the moving average55– Forecast today – 29-4-2025
The GBPJPY pair failed to confirm breaching the barrier at 191.55 yesterday, affected by the moving average 55 above it, which forces it to form sideways trading, to be confined between this barrier and the support level at 190.50.
Monitoring the price behavior and waiting for its rally above the barrier, to increase the efficiency of the bullish track, targeting 192.40 level, reaching the next target near 193.15, while reaching below the support will cancel the positive suggestion to force the price suffer several losses, starting at 189.70 and 188.60.
The expected trading range for today is between 190.50 and 191.55
Trend forecast: Sideways
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Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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