The EURJPY pair price got advantage by its stability positively above 120.35 level, to keep the chances for its stability within the minor bullish channel, to notice recording its initial positive target yesterday by hitting 121.00 level.
The continuation of stochastic fluctuation within the overbought level makes us keep our bullish expectation, to wait for surpassing the barrier at 121.40, which allows it to reach the next station at 122.45.
The expected trading range for today is between 120.60 and 121.40
The expected trend for today: Bullish