No change for EURJPY pair as it keeps providing negative closings below 123.50 barrier, noticing the price attempt to form new negative trades by achieving the first target at 122.55, followed by providing positive rebound due to the lack of the negative momentum until this moment.
Therefore, we assure the importance of this barrier’s stability to avoid any attempt to change the main trend and wait to gather new negative momentum to ease the mission of reaching the next negative target at 122.00.
The expected trading range for today is between 123.50 and 122.00
The expected trend for today: Bearish