The EURJPY pair declined clearly in the previous sessions but it bounced bullishly from 120.00 areas, to hint the price head to regain the bullish trend, and we expect visiting 121.70 areas initially.
Therefore, the bullish trend will be expected for today, supported by moving above the moving average 55, noting that surpassing the mentioned level will push the price to 122.40 as a next target, while achieving it requires holding above 120.60.
The expected trading range for today is between 120.40 and 122.40
The expected trend for today: Bullish