The EURJPY pair opened today’s trading with bearish gap to settle below 129.60 that formed additional support against the recent positive trades, and despite the continuous fluctuation within the bullish channel, stochastic provides the negative momentum to allow us to suggest more negative correction until reaching the key support 128.25.
The expected trading range for today is between 129.60 and 128.25
The expected trend for today: Bearish temporarily