The EURJPY pair faced new positive pressures yesterday to continue the temporary sideways fluctuation and notice reaching 118.50, reminding you that the bearish scenario will remain valid as long as the bearish channel’s resistance at 119.20 remains intact, waiting to decline towards the negative stations, at 116.65 and 115.80.
The expected trading range for today is between 119.20 and 117.70
The expected trend for today: Fluctuated within the bearish range