Despite the EURJPY pair’s sideways recent trades, its frequent positive stability above the bullish channel at 129.40 supports the chances of resuming the waited bullish attack.
Note that it is important to breach 130.75 barrier and hold above it, to ease the mission of recording the additional targets at 131.60 followed by reaching 132.70 in the upcoming period.
The expected trading range for today is between 129.70 and 130.60
The expected trend for today: Bullish