EURJPY 21.3.2025

Technical Analysis
Friday, March 21, 2025 - 13:14
Point Trader Group

General Trend:

The price is trading within a sideways range, facing strong resistance in the 163.85 - 164.86 zone, which has previously blocked bullish attempts.

Expected Scenario:

Bullish Scenario:

A breakout above 164.86 could push the price toward 167.00.

Sustained momentum above 167.00 may lead to 168.50.

Bearish Scenario:

Failure to break 164.86 may result in a pullback toward 161.41.

A break below 161.41 could extend the decline toward 158.16.

Key Levels:

Resistances: 163.85 - 164.86 - 167.00

Supports: 161.41 - 158.16 - 156.50

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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