Despite the neediness of the positive momentum by the EURJPY pair, however its stability above 186.90 level supports the continuation of the positivity, attempting to record new gains by reaching 187.90 level. Gaining positive momentum makes us expect to form new bullish waves, to reach 188.35 followed by reaching the next main target at 188.80.
While facing negative pressure and reaching below 186.90 level will force it to delay the bullish trend and begin gathering gains by targeting 186.15 and 185.80 level initially.
The expected trading range for today is between 187.00 and 188.85
Trend forecast: Bullish
The GBPJPY pair needs positive momentum until this moment, forcing it to form weak sideways trading by its stability near 215.40, note that the stability of the trading above the initial support at 214.15 in the current period, to confirm the continuation of the positivity, which might target 216.20 level reaching 217.00.
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