The EURJPY pair managed to confirm breaching the barrier at 184.90, reinforcing the bullish trend, to notice recording the suggested targets in the previous report by reaching 186.00 level.

 

The price might be forced to provide some sideways trading due to stochastic attempt to exit the overbought levels, however, it will not affect the main bullish trend that depends on the stability of the main support at 193.15, while breaching 186.00 level will provide a chance for recording extra gains that might begin at 186.55.

 

The expected trading range for today is between 185.20 and 186.25

 

Trend forecast: Fluctuated within the bullish trend