Despite the EURJPY pair’s weak trades yesterday, its negative stability below 123.60 major resistance and the moving average 55 continuous form for additional barrier at 123.05 confirm the continuation of the negativity, to expect the beginning of the decline towards 121.70 followed by attempting to reach the first additional target at 121.10.
The expected trading range for today is between 121.10 and 122.75
The expected trend for today: Bearish