Despite the EURJPY pair’s recent weak trades, that won’t affect the bearish track by providing frequent closings below 139.80 resistance, noticing that stochastic continues to provide the negative momentum to increase the chances of declining towards 136.60 level soon, while breaking this obstacle will extend trades towards 136.10 and 135.60 levels to reinforce the continuation of the negativity for the upcoming period.
The expected trading range for today is between 139.40 and 136.75
The expected trend for today: Bearish