Despite the continuous contradiction between the major indicators, the stability of the EURJPY pair above 125.75 increases the chances of resuming the bullish attempts, to notice reaching 126.35 level now, assuring the importance of breaching 126.65 barrier to open the way to achieve new targets that might extend towards 126.95 and 127.30 levels to face the bullish channel’s resistance that appears on the chart.
The expected trading range for today is between 126.00 and 127.30
The expected trend for today: Bullish