The EURJPY pair continued to provide extra negative trading, to notice surpassing the initial target by hitting 129.50 level, the price might be forced to provide some sideways fluctuated moves, due to stochastic surpass to the oversold level, to keep waiting for gaining new negative momentum, to resume the negative attack by achieving 128.95 level.
We depend currently on forming an extra resistance at 130.60 level, to reinforce the negative stability, which shrinks any attempt to change the main trend before reaching the main suggested targets.
Expected trading range for today is between 130.60 and 129.00
Expected trend for today: Bearish