The EURJPY pair repeated providing positive closes, to move away from the support at 120.90, attempting to record new correctional targets by hitting 122.85 level, we expect continuing providing bullish trading in the near period, to keep waiting for hitting 123.50 level, reminding you that surpassing this barrier will allow it to test the bearish channel’s resistance at 124.30.
The expected trading range for today is between 121.80 and 123.50
The expected trend for today: Bullish