The EURJPY pair continued to provide frequent positive closings above the key support 127.45, to reinforce the chances of renewing the bullish attempts in the near term and medium term period, as gathering the additional positive momentum allows us to wait to surpass 129.00 and reach the next main target at 129.85.
On the other hand, declining below the mentioned support will confirm moving to the bearish track, to start forming strong negative waves in order to reach 126.75 initially.
The expected trading range for today is between 127.75 and 129.00
The expected trend for today: Bullish