The EURJPY pair formed new positive rally recently to notice reaching 131.03 level, surpassing 130.60 level that formed the first target of the recent positive fluctuation, which allows us to suggest more bullish attempts until testing the key resistance 131.90.
Stochastic continuous fluctuation within the overbought areas reinforces our bullish overview by providing new positive momentum to increase the chances of reaching the suggested target.
Expected trading range for today is between 130.60 and 131.85
Expected trend for today: Bullish