The EURJPY pair suffered the contradiction of stochastic positive momentum against the negative stability within the bearish channel, to provide slow trades by fluctuating around 120.80, assuring the importance of gathering new negative momentum to keep its stability below the additional resistance at 122.05, to ease the mission of reaching the negative targets at 119.60 followed by 118.40.
The expected trading range for today is between 121.60 and 119.60
The expected trend for today: Bearish