The EURJPY price has maintained a stable positive stance above the 171.60 support level, signaling a robust bullish rally and nearing the initial target at 172.95.
Stochastic indicators are showing positive momentum, increasing the likelihood of surpassing 172.95 and facilitating further gains towards 173.45, with potential to reach the next major target at 174.30.
Today’s expected trading range is anticipated between 172.40 and 173.40.
Trend Forecast: Bullish
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