EURJPY Pair Price Analysis Expected Scenario The EURJPY pair started to gain positive momentum since providing many positive closings above the MA55 at 164.00, forming additional support against bullish attempts, which supports rallying towards 165.00. Stochastic reaching the overbought areas will increase positive pressures, allowing us to maintain a bullish overview targeting the 165.30 level soon, followed by reaching the next barrier at 165.70. Expected Trading Range Between 164.45 support and 165.70 resistance.
Trend Forecast: Bullish