No change to the EURJPY pair’s bullish track, as it remains stable above the main bullish channel’s support line at 129.50, to notice forming bullish wave in order to renew the pressure on 130.75 barrier.
Stochastic continuous positive momentum signals allow us to expect breaching the mentioned barrier to start recording new positive targets by moving towards 131.60 and 133.00 levels.
The expected trading range for today is between 130.00 and 131.30
The expected trend for today: Bullish