The EURJPY pair provided new positive close above 120.60 that represents the extension of the bullish channel’s support line, to reinforce the bullish track suggested in our previous report, expecting to gather new positive momentum to rally towards 122.40 level, while surpassing this barrier will reinforce the chances of recording new targets by moving towards 122.90.
The expected trading range for today is between 121.30 and 122.40
The expected trend for today: Bullish