The EURJPY pair failed to breach 184.00 barrier, obstructing the attempts to resume the bullish trend, which forces it to form sideways trading by its fluctuation near 183.55.

 

Reminding you that the bullish scenario will remain valid by the stability of the trading above the bullish channel’s support at 182.75, confirming the importance of surpassing the barrier, to ease the mission of recording extra gains by its rally towards 184.85 and 185.45, while breaking the bullish channel’s support and holding below it will force it to form strong bearish waves to suffer several losses by reaching 181.50.

 

 

The expected trading range for today is between 183.00 and 184.00

 

Trend forecast: Sideways