The EURJPY pair confirmed its surrender to the bearish bias domination by providing a clear negative close below the bearish channel at 125.35, and stochastic decline and its stability within the oversold level increases the chances for gaining the required extra negative momentum to begin recording the negative targets that are represented by 124.45 and 123.50 level.
The expected trading range for today is between 125.35 and 124.45
The expected trend for today: Bearish