The EURJPY pair formed new bullish wave yesterday, to confirm postponing the negative attack and notice touching the additional barrier at 144.10, reminding you that the main stability within the bearish channel and the stability of the major resistance at 144.85 will increase the chances of activating the negative attempts soon, to expect gathering the negative momentum and decline towards the MA55 direct at 142.40.
On the other hand, rallying above the mentioned resistance and holding above it will confirm moving to the bullish track again, to manage to form strong bullish waves and start targeting many positive stations that might start at 145.50.
The expected trading range for today is between 144.50 and 142.80
The expected trend for today: Bearish