The EURJPY pair succeeded to get rid of the negative pressures by forming price gap to surpass 164.75 barrier and notice achieving some additional gains by reaching 166.05.

The continuous stability above the breached barrier and providing positive momentum by the major indicators support the chances of resuming the bullish attack, to expect targeting 166.50 level soon, followed by reaching the next barrier at 167.05.

The expected trading range for today is between 164.80 and 166.50

Trend forecast: Bullish