The EURJPY pair has solidified its bullish trajectory, closing positively above the 158.80 support level. This move resulted in a strong rally, reaching 160.05. With the stochastic indicator continuing to show positive momentum, the pair is expected to target 160.60 initially, with a potential break above this level pushing the price towards the next target at 161.10.
Today’s expected trading range is between 159.40 and 160.60.
Trend Forecast: Bullish
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