The EURJPY pair formed strong bullish wave this morning to approach the first positive target at 131.10, to confirm surrendering to the previously expected bullish bias domination.
In general, the consolidation within the bullish channel that depends on the stability of 128.65 support and stochastic positive momentum signals agree the continuation of the positivity, to expect targeting 130.70 followed by 131.30 levels in the upcoming period.
The expected trading range for today is between 129.10 and 130.70
The expected trend for today: Bullish