The EURJPY pair provided strong bullish rally on last Friday, affected by the stability of 126.20 support line, to notice surpassing 126.70 level and hint moving to the bullish track again.
Note that the frequent stability above 126.70 and the continuous positive momentum coming by the major indicators will increase the chances of renewing the bullish attempts, to expect surpassing 127.10 level soon and reach the next positive station at 127.70.
The expected trading range for today is between 126.80 and 127.70
The expected trend for today: Bullish