The EURJPY pair kept its positive stability above 130.00 level, to increase the chances of resuming the bullish attack, caused by the consolidation within the bullish channel.
Stochastic positive momentum signals allow us to expect forming strong bullish wave, to press on 130.75 barrier, while surpassing it might extend trades towards 131.60 followed by reaching the bullish channel’s resistance at 132.70.
The expected trading range for today is between 129.80 and 130.75
The expected trend for today: Bullish