The EURJPY pair’s stability within the bullish trend that depends on the continuation of forming extra support at 178.00 level, but the contradiction between the main indicators pushes it to form sideways fluctuation by its stability below the psychological barrier at 180.00.

 

The price might be forced to provide more of the sideways trading until gathering extra positive momentum, to surpass the current barrier and begin forming extra gains by its rally at 180.60 initially reaching the next main target at 181.55.

 

The expected trading range for today is between 179.30 and 180.60

 

Trend forecast: Bullish