The EURJPY pair confirmed keeping the domination of the bullish bias by consolidating above 134.80 level, forming bullish waves to settle near 136.10, while stochastic rally above 50 level allows us to expect renewing the positive attempts, to move towards 137.10 followed by trying to press on the bullish channel’s resistance at 137.75.
Note that attempting to crawl below 134.80 level will postpone the bullish attack, to suffer some losses by moving towards 133.60.
The expected trading range for today is between 135.60 and 137.70
The expected trend for today: Bullish