EUR JPY is fluctuating 31/12/2012

The pair hit  114.70  to settle at 113.70 during the recent period.

The bullish bias remains the dominant conditioned by the stability of the support level at 112.00 to expect new levels reach to 116.20 and extends to hit 117.90

Stochastic surpasses the overbought level and that gives the chance for achieving new positivity if the support level remained intact.

Expected trading range for today is between 112.45 and 116.20

Expected trend for today: bullish