The EURJPY pair didn’t move until this morning, to notice forming a clear sideways trading by its stability at 118.00, while the positive stability above the bearish channel’s support at 117.10 forms a main factor that supports the bullish correctional attempts that target 119.00 and 121.05.
Note that suffering new negative pressures and the price attempt to reach below the current support, so that confirms its readiness to resume the main bearish attack, to expect new losses by reaching 116.55 and 114.90.
The expected trading range for today is between 117.10 and 119.00
The expected trend for today: Bullish