The EURJPY pair succeeded to hold above the beached barrier at 129.65, confirming its surrender to the domination of the bullish bias and settle near the first additional target at 130.20, expecting to face continuous positive pressures to resume the bullish rally and extend trades towards 30.75 followed by reaching the bullish channel’s resistance at 131.35.
The expected trading range for today is between 129.70 and 130.75
The expected trend for today: Bullish