The EURJPY pair resumed its negative attack yesterday, affected by the strength of 120.30 barrier and approaches the first negative target at 119.35, while stochastic continuous fluctuation within the oversold areas will increase the chances of gathering the additional negative momentum and allows us to wait to record additional targets that might start at 118.60 followed by 117.50 in the upcoming period.
The expected trading range for today is between 119.80 and 118.60
The expected trend for today: Bearish