Despite the negative pressure that the EURJPY pair continued to face, the frequent stability above the minor bullish channel’s support line at 125.70 allows us to keep the bullish overview.
Confirming the continuation of the positivity needs positive momentum to manage to jump above 126.60 obstacle followed by starting to record the additional targets that start at 127.40 and 128.30 levels.
The expected trading range for today is between 125.75 and 126.80
The expected trend for today: Bullish