No escape for the EURJPY pair to resume the negative attack, getting negative factors as the price settles within the bearish channel besides the moving average 55 consolidation within around the main resistance at 121.60.
Therefore, we will continue to suggest the negative overview, attempting to reach 119.05 level, which breaking it will confirm moving into the second negative station that targets 118.20 followed by 116.65 levels.
The expected trading range for today is between 121.00 and 119.05
The expected trend for today: Bearish