The EURJPY pair took advantage of the stability of the initial support 125.75, to notice the beginning of forming slow bullish waves due to stochastic negativity that keeps fluctuation below 80.
On the other hand, gathering the positive momentum will allow the price to continue the rise to surpass 126.60 barrier followed by waiting to reach the bullish channel’s resistance at 127.10.
The expected trading range for today is between 126.00 and 127.00
The expected trend for today: Bullish