The EURJPY pair surrendered since this morning to the bearish corrective scenario, affected by the stability of the barrier near 183.30 besides stochastic exit from the overbought level, activating the attempts of gathering the gains by reaching 182.15.

 

Renewing the corrective attempts to test the extra support at 181.70, attempting to gather the positive momentum to form bullish waves and recover the current losses by its rally towards 182.80, 

Waiting to breach the barrier to open the way for recording new gains that might extend towards 183.50 reaching the next main target at 184.10 in the near sessions.

 

The expected trading range for today is between 181.70 and 182.70

 

Trend forecast: Fluctuated within the bullish trend