The EURJPY pair succeeded to exit the sideways range to notice settling above 126.60 barrier, confirming the preparation to record new positive targets.
Also, stochastic attempt to provide the positive momentum supports our bullish overview that targets 127.40 followed by waiting to touch the bullish channel’s resistance at 128.20.
The expected trading range for today is between 126.50 and 127.40
The expected trend for today: Bullish