The EURJPY pair achieved the next negative target at 128.00 to form historical support against the negative trades, to notice the quick rebound towards 128.70 and confirm postponing the negative attack for now.
Also, stochastic exit from the oversold areas confirms getting rid of the negative pressures, to expect the beginning of forming new correctional bullish rebound that might push it to reach 129.35 followed by testing the initial resistance at 129.90.
The expected trading range for today is between 128.00 and 129.35
The expected trend for today: Bullish