The EURJPY price formed new positive support at 122.60 level, to reinforce the expected bullish attempts, which confirms moving away from the critical support at 121.55 for today which makes us wait for forming the bullish attack, to begin recording the main targets by reaching 124.40, then reach positively to 126.10 level in the upcoming period.
Stochastic attempts to form bullish rally by it approach from 50 level to reinforce the bullish attempts, and to open the way towards gaining the required momentum to record the mentioned targets.
Expected trading range for today is between 122.60 and 124.40
Expected trend for today: Bullish