The EURJPY pair resisted the frequent negative pressures caused by the contradiction between the major indicators, to notice holding above the main bullish channel’s support line at 156.80 and start forming some bullish waves, to reach 157.95.
We assure the importance of gathering the positive momentum, to manage to activate the bullish attack and attempt to achieve many gains by rallying towards 158.55, followed by attempting to press on 159.20 obstacle.
The expected trading range for today is between 157.20 and 158.55
The expected trend for today: Bullish