Despite the EURJPY pair’s slow move, its stability within the bullish channel and the stability of the additional support 122.45 confirm the preparation to resume the bullish attack in the near term and medium term period.
Thus, we will keep waiting to gather new positive momentum to assist to renew the bullish attempts that might target 123.25 and 124.25 levels.
The expected trading range for today is between 122.45 and 123.25
The expected trend for today: Bullish