The EURJPY pair remains affected by the dominance of the sideways bias, due to the contradiction between the main indicators, keeping their stability within the sideways track that is represented by 179.40 support, while 181.75 keeps forming strong barrier against bullish attempts.

 

The main stability within the bullish channel’s levels makes us wait to gather bullish momentum, motivating the bullish attempts by its rally towards 181.35, to attempt to breach the barrier to begin recording new gains by reaching 182.35 and 183.10.

 

The expected trading range for today is between 180.20 and 181.70

 

Trend forecast: Fluctuating