The EURJPY pair kept its stability positively above the support at 125.05, getting a positivity from stochastic, to notice forming a bullish rally and settles near 126.05 currently.
The stability of the mentioned support makes us prefer the bullish attempts again, to expect targeting 126.70 level initially, and surpassing it will lead it to settle within the bullish channel’s levels, which extend the trading to the top at 127.45.
The expected trading range for today is between 125.30 and 126.70
The expected trend for today: Bullish