The EURJPY pair didn’t move anything since yesterday by its continued fluctuation near 187.45 level, affected by stochastic attempt to exit the overbought level, to increase the chances of activating the attempts of gathering the gains by targeting 186.55 and 185.85 level.
While the stability above 186.90 will allow it to provide a chance for gathering extra positive momentum, reinforcing the chances of targeting new positive stations by its rally towards 187.75 and 188.35 directly.
The expected trading range for today is between 186.90 and 187.75
Trend forecast: Fluctuated within the bullish trend.
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