No news for the EURJPY pair until this moment, as it keeps forming new sideways trades despite its consolidation within the bullish channel, reminding you that it is important to breach 129.65 barrier to open the way to record new targets that might start at 130.20 and 130.75.
We remind you that the price attempt to decline below the additional support at 128.30 will force it to suffer some temporary losses by declining towards 127.60, to test the main bullish channel’s support line that appears on the chart.
The expected trading range for today is between 128.50 and 130.20
The expected trend for today: Bullish