The EURJPY pair succeeded to surpass 122.50 level that formed solid barrier against the recent bullish attempts, to confirm moving to the second positive level by touching 122.75 level.
We remind you that the main bullish scenario depends on the price consolidation within the bullish channel, also, stochastic reach to the overbought areas will increase the chances of resuming the bullish attack, to attack 123.25 followed by 124.45 levels.
The expected trading range for today is between 122.30 and 123.25
The expected trend for today: Bullish