The EUR/JPY pair has continued its ascent, currently touching the 174.70 level, with expectations for further increases to achieve additional positive targets starting at 175.20 and extending to 176.00.
Therefore, we maintain our bullish trend suggestion for both the intraday and short-term perspectives, awaiting further positive momentum to assist in reaching the expected targets. It’s crucial for the bullish wave to sustain momentum above the 174.10 level.
Today’s expected trading range is between 174.00 and 175.70.
Trend forecast: Bullish
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