The EURJPY pair confirmed the continuation of the bullish bias domination by providing a new positive stability above the bullish channel’s support at 119.80, stochastic reach to the oversold level makes us expect begin to surpass the negative pressures, which allows it to gather the required positive momentum to renew the bullish attempts and waiting for recording the targets at 121.40 and 122.50.
The expected trading range for today is between 119.80 and 121.40
The expected trend for today: Bullish