The EURJPY pair continued to press on the temporary sideways track’s support line at 144.10, attempting to reinforce the domination of the bearish bias in the near term and medium term period, expecting to get negative momentum by stochastic and target 143.30 level soon, followed by pressing on the MA55 at 142.45.
On the other hand, moving to the bullish track requires forming strong bullish waves to manage to surpass 145.65 level, to ease the mission of reaching the positive stations in the upcoming period.
The expected trading range for today is between 144.80 and 143.30
The expected trend for today: Bearish