The EURJPY pair continued providing weak sideways trading by its repeated fluctuation near 172.00 level, reducing its effect as an extra barrier, taking advantage of providing positive momentum by stochastic rally above 50 level.

 

Reminding you that resuming the bullish attack requires forming several strong bullish waves, to reach the resistance at 173.40, to begin recording new gains by its rally towards 174.10, reaching the main target at 175.15.

 

The expected trading range for today is between 171.70 and 173.40

 

Trend forecast: Bullish