The EURJPY pair confirmed its affection by the bearish bias domination by providing frequent negative closings below 123.50 barrier, to notice recording the negative targets by touching 121.50 level, while the main consolidation within the bearish channel along with the continuous negative momentum signals coming by the major indicators confirm the price preparation to resume the negative attack by providing strong pressure on 121.00 level, while breaking it might extend trades towards 120.30 followed by 119.60 levels.
The expected trading range for today is between 122.10 and 121.00
The expected trend for today: Bearish