The EURJPY pair surrendered to the major indicators’ positivity yesterday, to notice forming new bullish rally and reach 121.55 level, to settle within the main bullish channel that appears on the chart.
Therefore, we will be waiting to touch the first main target at 121.80, while surpassing it will ease the mission of reaching new positive stations that start at 122.50 and 123.25.
The expected trading range for today is between 121.10 and 122.50
The expected trend for today: Bullish