The EURJPY pair took advantage from forming strong extra support at 186.00 level, forming bullish waves since yesterday, to record clear gains by reaching 187.40.
The continuation of providing positive momentum by the main indicators will help it to resume the bullish trend. Surpassing the barrier at 187.75 and holding above it makes us expect reaching new positive stations that might begin at 188.30 and 188.80.
The expected trading range for today is between 186.90 and 188.30
Trend forecast: Bullish
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