The EURJPY pair continued to form slow trades despite its stability below 123.40 barrier, hinting the lack of the negative momentum caused by the contradiction between the major indicators until this moment.
These factors allow us to wait to gather the negative momentum to manage to start renewing the negative attempts that might target 122.30 and 120.85 levels.
The expected trading range for today is between 123.40 and 122.30
The expected trend for today: Bearish