The EURJPY pair continued to form slow trades to end the last positive rally by touching 126.20 level that forms 50% Fibonacci correction level, but the positive stability 125.10 allows us to wait to gather strong positive momentum to manage to breach 126.20 and start recording new targets by reaching 127.05 and 128.85 levels.
Until we get the required breach, we expect the domination of the sideways bias for now to confine trades between the above mentioned major levels.
The expected trading range for today is between 125.10 and 126.20
The expected trend for today: Sideways