The EURJPY pair succeeded in resuming the bullish trend by surpassing the barrier at 186.65, opening the way for reaching the extra positive stations to notice recording some previously suggested targets by reaching 187.45 level.

 

The stability of the trading within the bullish channel’s levels and providing positive momentum by the main indicators makes us expect reaching 187.80, surpassing it will open the way for recording new historical gains that might begin at 188.25 and 188.80.

 

The expected trading range for today is between 186.65 and 187.80

 

Trend forecast: Bullish