The EURJPY pair succeeded to break 118.45 level yesterday, to reinforce the negative suggestion by recording the initial extra target at 117.75, and the continuation of providing negative momentum by the main indicators especially stochastic reach to the oversold level, we expect resuming the decline to target 117.20 and 116.55 level.
The expected trading range for today is between 118.50 and 117.20
The expected trend for today: Bearish