FX.co ★ EUR/JPY

Hello traders, Currently, the EUR/USD pair is trading near the level of 1.18353. Throughout this week, the trading range has been approximately between 1.18212 and 1.18370. Today, no significant news is expected from Japan, while important economic indicators will continue to come from the Eurozone. However, I do not anticipate significant fluctuations. The pair is likely to remain within the mentioned trading corridor. Technical indicators at the bottom also do not show clear signals. Most oscillators remain near zero levels, with only the CCI indicator approaching overbought territory and showing an upward trend. A breakthrough of the level at 1.18370 will allow the price to move towards the target at 1.18536.