The EURJPY price continues to decline to approach the second waited target at 128.80, expecting to surpass this level to achieve more bearish bias and head towards 127.95 areas as a next main station.
Therefore, we will continue to suggest the bearish trend for the upcoming period, noting that failing to achieve the required break will lead the price to start recovery attempts that target visiting 130.85 areas mainly.
The expected trading range for today is between 128.30 and 129.70
The expected trend for today: Bearish