The EURJPY pair price affected by the strength of 129.25 barrier, to notice forming a bearish trading and achieving 128.35 level, stochastic decline to the oversold level provides new negative momentum, which assists to attempt to resume the negative attack, to expect achieving the initial support at 128.20 and reaching to the next target at 127.10.
Note that the stability of the trading above the mentioned initial support will force it to provide mixed sideways trading, to increase the possibility of testing the barrier at 129.25 before achieving any waited negative target.
Expected trading range for today is between 128.65 and 127.10
Expected trend for today: Bearish