The EURJPY pair confirmed its affection by the correctional bearish bias domination by declining from 128.00 resistance line recently, suffering some losses by fluctuating below the initial support at 127.45.
Stochastic continuous fluctuation within the oversold areas will increase the negative pressures, to expect consolidating below 127.70 and targeting the key support at 126.90 in the near term period.
The expected trading range for today is between 127.70 and 126.90
The expected trend for today: Bearish