The EURJPY pair lost its positive momentum on last Friday, which pushed the price to form temporary negative rebound to test the initial support at 124.50, while stochastic attempt to form bullish wave will increase the chances of gathering the positive momentum to start renewing the bullish attempts that might target 125.30 level initially, followed by reaching 126.00 level.
The expected trading range for today is between 124.50 and 126.00
The expected trend for today: Bullish