The EURJPY pair surrendered to stochastic negativity, to notice its fluctuation below the support at 125.60, to increase the chances for its stability within the bearish channel levels that appear in the above image, and providing negative momentum by the main indicators will increase the chances for forming a strong negative attack in the near period, conditioned by holding below 125.60 level, to expect targeting 124.45 level initially, then pressing on 123.50 level.
The expected trading range for today is between 125.60 and 124.45
The expected trend for today: Bearish