The EURJPY pair provides new negative close below 131.80 level, showing its readiness for forming new negative attack in the near and medium, therefore, we will keep waiting for hitting the target at 130.00, and the continuation of the negative pressures might extend the losses towards 61.8% Fibonacci correction level at 128.25.
Stochastic stability near 20 level increases the possibility for gaining the extra negative momentum, which confirms the negative suggestion, to ease the attempt to reach the main targets.
Expected trading range for today is between 131.80 and 130.00
Expected trend for today: Bearish