EURJPY Pair Price Analysis Expected Scenario The EURJPY pair formed more bullish waves yesterday, pressing on the 164.80 obstacle. Stochastic reaching overbought areas confirms the importance of breaching the current obstacle. Expected Outcome The EURJPY pair formed more bullish waves yesterday, pressing on 164.80 obstacle that formed the first target mentioned in our previous report.

Stochastic reaching to the overbought areas confirms the importance of waiting to breach the current obstacle and ease the mission to achieve new gains that might extend towards 165.30 and 165.65.

Expected Trading Range Between 164.50 and 165.30.

Trend Forecast: Bullish