The EURJPY pair formed temporary negative fluctuation after touching 166.05 level, affected by stochastic exit from the overbought areas, noting that the continuous stability above the additional support at 164.30 confirms the continuation of the positivity, to keep waiting to gather the positive momentum and manage to target the positive stations at 166.50 and 167.05.

The expected trading range for today is between 164.80 and 166.50

Trend forecast: Bullish