The EURJPY pair repeated the negative closings below the broken support to form new resistance at 120.80 and increase the chances of declining towards the negative targets at 119.90 and 119.10 levels.
We should note that attempting to jump above the current resistance might increase the chances of regaining the bullish bias to increase the chances of targeting positive levels in the near term period by moving towards 121.05 and 121.80.
The expected trading range for today is between 120.80 and 119.90
The expected trend for today: Bearish