The EURJPY pair kept its negative stability below 118.50 to remain within the bearish channel and notice recording additional targets by reaching 116.35.
We notice stochastic attempt to crawl towards the oversold areas, to increase the negative pressures and allow us to continue suggesting the negative attempts that might target 115.85 followed by reaching the bearish channel’s support line at 114.90.
The expected trading range for today is between 118.00 and 115.85
The expected trend for today: Bearish