The EURJPY pair failed to resume the bullish attack due to the stability below 184.85 barrier, besides stochastic exit from the overbought level, to begin forming bearish corrective waves and its stability near 183.75.
The stability below the previously mentioned barrier will increase the efficiency of the bearish corrective track in the near and medium period, which makes us prefer targeting 182.80 level, to attempt to press on 182.05 barrier.
The expected trading range for today is between 182.80 and 184.40
Trend forecast: Bearish
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