EURJPY Pair Analysis
Expected Scenario
- The EURJPY pair ended the mixed trades by maintaining stability within the main bullish channel, fluctuating above the 167.40 level and signaling a potential resurgence in bullish attempts.
- Gathering positive momentum is emphasized to confirm the bullish track, with expectations of targeting multiple stations starting at 168.25 and 168.90 levels.
- It is important to hold above 167.40 to avoid potential losses due to activation of negative correction.
Expected Trading Range
Between 167.00 and 168.25.
Trend Forecast: Bullish