The EURJPY pair reached 286.00 level in its last bullish rally, forcing it to form some corrective waves, holding near 185.65 level, this rebound will not affect the previously suggested bullish trend, depending on forming main support at 184.35 level, besides forming a new extra support against the bullish attempts at 185.15.

 

Therefore, we will keep waiting for gathering the required extra positive momentum to form a strong bullish rally, to reinforce the chances of reaching positive stations that are located near 186.25 and 186.60.

 

The expected trading range for today is between 185.15 and 186.25

 

Trend forecast: Bullish