The EURJPY pair ended its mixed fluctuation by providing new negative close below the bearish channel at 128.70, to confirm the domination of the main bearish bias, we expect gaining new negative momentum by forming new negative trading, targeting 128.15 reaching to the next negative station at 127.20.
While the price rally above the current resistance will confirm surpassing the bearish bias domination, to begin building new positive trading by targeting 129.10 and 129.60 level.
Expected trading range for today is between 128.70 and 128.15
Expected trend for today: Bearish