The EURJPY pair still stable below 144.25 recorded high, to form strong obstacle against the attempt to resume the bullish attack and increase the chances of forming correctional bearish rebound in the upcoming period.
These factors allow us to suggest some correctional decline that might target 142.25 followed by 141.30, while succeeding to achieve the required breach will reinforce the bullish track again, to attempt to reach the additional target at 145.65.
The expected trading range for today is between 144.00 and 142.25
The expected trend for today: Bearish