The EURJPY pair formed clear positive rebound on last Friday to move away from the minor bullish channel’s support line at 128.50, to keep its positive stability and reach 129.45.
The price needs new positive momentum to manage to continue the rise, to expect the beginning of recording the targets by moving towards 130.10, followed by repeating the attempts to press on 130.70 barrier.
The expected trading range for today is between 128.70 and 130.10
The expected trend for today: Bullish