The EURJPY pair surpassed our waited target at 120.70 to resume recording more gains by settling around 121.80, while there are no obstacles against the price to record more targets in the near term and medium term period, waiting to reach 124.15 to test the previously recorded top that appears on chart.
Stochastic stability within the overbought areas until this moment confirms the continuation of the positivity and eases the attempt to reach our target.
Expected trading range for today is between 120.80 and 124.15
Expected trend for today: Bullish