No change to the EURJPY pair’s trading by settling within the bearish channel and consolidating below 123.50 level recently, thus, we will keep waiting to gather new negative momentum again to increase the chances of pressing on 122.00 barrier, which breaking it will allow the price to record additional targets that start at 121.20 and 120.30 levels.
The expected trading range for today is between 123.50 and 122.00
The expected trend for today: Bearish