The EURJPY pair surrendered to the intraday sideways bias domination recently, affected by the contradiction of the major indicators after stochastic exited the oversold areas, while the current trading might extend to test the initial resistance around 128.85, but the stability of this barrier will confirm the preparation to renew the negative attempts that target 126.12 initially, followed by reaching 124.55 in the upcoming period.
Expected trading range for today is between 128.80 and 126.12
Expected trend for today: Bearish