The EURJPY pair didn’t achieve any new positive target until this moment due to the solid obstacle formed at 136.80 against the recent bullish attempts, to form new sideways fluctuation by settling near 136.35.
Despite the consolidation within the bullish channel and 134.80 level forming the additional support, we assure the importance of the breach to ease the mission of resuming the bullish attack, to target new positive levels that might start at 137.90 and 138.45.
The expected trading range for today is between 135.45 and 137.90
The expected trend for today: Bullish