The EURJPY pair succeeded in holding above 184.20 level, to reinforce its surrender to the bullish scenario, to record the previously suggested main target at 185.80.

 

Facing %66.8 Fibonacci correction level makes us monitor its behavior and wait for the next close to detect the main trend, so the stability above 185.80 will provide a chance for targeting more positive stations by its rally towards 186.20 and 186.60, while the failure to breach it will force the price to provide mixed sideways trading, with a chance to decline towards 184.90 before any attempt to record the suggested targets.

 

The expected trading range for today is between 185.30 and 186.20

 

Trend forecast: Bullish