The EURJPY pair took advantage of the frequent positive pressures to form strong bullish rally and surpass the minor bearish channel’s resistance at 144.90, to notice achieving some positive gains by touching 145.30.
The attempt to hold above the breached resistance in addition to stochastic move within the overbought areas allow us to expect renewing the bullish attempts, to attempt to achieve new positive gains that might start at 145.65 and 146.10.
The expected trading range for today is between 144.95 and 145.65
The expected trend for today: Bullish