The EURJPY pair renewed the bullish attempts yesterday, facing 186.65 barrier, which formed a strong obstacle against the attempts of resuming the bullish trend.

 

Reminding you that the stability within the bullish channel’s levels, and its main support is located at 185.60 represents a main factor to activate the bullish attempts, therefore, we will keep waiting for breaching the current barrier to open the way for reaching extra stations, which might begin at 186.95 and 187.65.

 

The expected trading range for today is between 185.70 and 186.95

 

Trend forecast: Bullish