The EURJPY pair kept its negative stability below the additional barrier at 139.70, to notice its reaction to stochastic negativity by providing new negative trades and declining towards 138.10.
We expect to start gathering the negative momentum to assist to reinforce the bearish track by forming strong negative trades, to expect attacking 137.35 level soon followed by pressing on 38.2% Fibonacci correction level at 136.65 in order to find a way to resume the decline in the upcoming period.
The expected trading range for today is between 139.20 and 137.35
The expected trend for today: Bearish