The EURJPY pair repeated its positive fluctuation above 126.20 level to move away from the key support 125.77 and increase the chances of resuming the bullish attack.
Therefore, we will keep waiting to form new bullish attack to target 127.40 level, while surpassing this level will confirm the preparation to test 38.2% Fibonacci correction level at 128.80.
The expected trading range for today is between 126.20 and 127.40
The expected trend for today: Bullish