In spite of forming an intraday positive rebound of the EURJPY pair, but its repeated stability below 118.45 level confirms its readiness to resume the bearish attack in the near and medium period.
By the above image, we notice providing extra negative momentum by the main indicators, to increase the chances for the price decline near 117.20 level, and surpassing it might extend the trading to hit the next negative station that is represented by 116.55 level.
The expected trading range for today is between 118.50 and 117.20
The expected trend for today: Bearish