The EURJPY pair confirmed provided new negative close below 120.30 level, and keeps fluctuating below the moving average 55, to hint the preparation to build new negative trades in the near term and medium term period, thus, we will keep waiting to reach the negative targets supported by gathering new negative momentum, located around 118.50 and 117.65 levels.
The expected trading range for today is between 120.00 and 118.50
The expected trend for today: Bearish