The EURJPY pair ended its last trading by providing a negative close below the bullish channel’s at 125.40, showing its surrender to the bearish bias domination, to notice suffering clear losses by reaching 124.40.
forming a new resistance by the broken support and providing negative momentum by the main indicators makes us resume the negative attack, to reach 124.10 and 123.40 in the near and medium period.
The expected trading range for today is between 125.40 and 124.10
The expected trend for today: Bearish