EURJPY leans above additional support – Analysis – 2-8-2018

Despite the EURJPY pair’s mixed trades yesterday, 129.60 level forming additional support as appears on the chart increases the chances of resuming the expected bullish attack, thus, we will keep waiting to rally above 131.15 to ease the attempt of achieving the first main target at 132.20.

Any attempt to crawl below the current support will confirm postponing the bullish attempts to surrender to the correctional bearish bias domination to attempt to reach 128.83 followed by testing the key support at 128.25.

Expected trading range for today is between 129.60 and 132.20

Expected trend for today: Bullish