The EURJPY price shows more of the bearish bias moves to reach the thresholds of the initial waited targets at 129.25, and we expect the continuation of the negative pressure to test the most important support at 128.80.
The moving average 55 supports the expected decline, which will remain valid unless the price rallied to breach 130.85 level and held above it.
The expected trading range for today is between 128.50 and 130.00
The expected trend for today: Bearish