No news for EURJPY pair’s new sideways trading and its fluctuating near 181.15, but its stability above the support level near 179.40 and attempting to form extra support at 180.25 level, these factors support the chances of renewing the bullish attempts, attempting to breach the barrier at 181.75, targeting new positive stations that might begin at 182.30 reaching the main target at 183.05.

 

Note that stochastic approach from 80 level will increase the chances of achieving extra bullish momentum, to pave the way for achieving the breach and reaching the suggested targets.

 

The expected trading range for today is between 180.35 and 182.30

 

Trend forecast: Bullish