No change to the EURJPY pair’s negative track, as it keeps providing negative closings below 128.30 resistance, thus, we will keep waiting to break 127.45 to manage to continue achieving the targets around 126.72 and 126.05.
The risks of changing the current trend will appear by breaching the mentioned resistance and settling above it, to expect the beginning of forming strong bullish waves to target 128.85 followed by reaching 129.65.
The expected trading range for today is between 128.10 and 126.72
The expected trend for today: Bearish