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HomeLatestEURJPY Continues to Achieve Positive Targets – Forecast for July 11, 2024
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EURJPY Continues to Achieve Positive Targets – Forecast for July 11, 2024

Today, the EURJPY pair has continued its upward trajectory, successfully reaching our initial extended target at 175.20. The bullish bias remains strong, with expectations set for further gains towards the next main target at 176.00.

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The price action is supported by the bullish channel, which suggests potential for additional upward movement in the coming sessions. It is important to note that a break below 174.20 would signal a halt to the bullish trend, potentially leading to intraday bearish corrections.

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Today’s anticipated trading range is expected to fluctuate between 174.60 and 176.20.

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Trend Forecast: Bullish

Traders are advised to monitor price movements around the mentioned support and resistance levels, with a focus on sustained bullish momentum above 174.20 to validate further upside potential in the EURJPY pair.

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