The EURJPY price ended the correctional bearish attack by recording 130.85 target that forms 23.6% Fibonacci correction level, to face the attempt to resume the decline and force it to fluctuate within sideways track represented by the current support and 131.55 resistance.
Therefore, we recommend to stay neutral and wait to surpass one of the mentioned levels to manage to detect the next targets, noting that succeeding to breach the mentioned resistance will push the price to regain the bullish bias and target 132.10 level initially.
The expected trading range for today is between 130.85 and 131.55
The expected trend for today: Neutral