The EURJPY pair succeeded to form strong bullish rally to surpass 163.10 and record new gains by moving towards 163.90 and settle near it as appears on the chart.
The price stability within the bullish channel and the additional positive momentum coming by the major indicators will increase the chances of reaching new positive stations that might start at 164.25 followed by attempting to reach the next main target at 164.65.
The expected trading range for today is between 163.50 and 164.25
The expected trend for today: Bullish