The EURJPY pair continued to provide positive fluctuations due to its stability above 50% Fibonacci correction level that represents the initial support at 126.20, to confirm its preparation to resume the bullish attack in the near term and medium term period.
Also, stochastic stability within the overbought areas will increase the chances of gathering the additional positive momentum, to keep waiting to record the positive targets at 127.40 followed by 128.80 levels.
The expected trading range for today is between 126.20 and 127.40
The expected trend for today: Bullish