The EURJPY pair began this morning with new positive trading, attempting to settle above 186.00, to increase the efficiency of the previously suggested trend, while gathering extra positive momentum makes us expect its rally towards 186.65 level, attempting to resume the bullish trend, reaching the next main target near 187.35.

 

The failure of confirming the breach will increase the chances of forming temporary corrective waves, to attempt to reach 185.40, to test the main support at 184.80 before any attempt to record the previously suggested targets.

 

The expected trading range for today is between 185.50 and 186.60

 

Trend forecast: Bullish