ANALYSIS
NQ100 Finds Support from PPIApr 14
EURJPY is likely to go bullish
Japan’s target inflation of 2 percent and support for loose monetary policy to relieve the effects of coronavirus on the economy have started rises in the pair. In addition, ECB members indicated that rate hike might be possible after putting an end to the asset purchases in Q3, supporting these rises. Technically, if the pair exceeds 137.00 level on the last trading day of the week, we will follow 137.30 resistance level. On the other side, we will keep an eye on 136.30 and 136.00 supports.
