The EURJPY pair continued to form strong bullish trades, taking advantage of its consolidation within the bullish track in addition to the continuous positive momentum coming by the major indicators, to fluctuate near our target at 142.20, which forms intraday obstacle against the bullish attempts.
The price might form sideways fluctuation until managing to surpass the mentioned obstacle to ease the mission of recording new gains that might extend towards 142.80 followed by 143.70 in the medium term period.
The expected trading range for today is between 141.11 and 142.80
The expected trend for today: Bullish