The EURJPY pair is forced to provide weak sideways trading, affected by the contradiction between the main indicators, keeping its stability near 180.80, reminding you that the negative stability below 181.75 barrier forms main factors to motivate the dominance of the bearish corrective trend, to expect the attempt of pressing on 179.40 level, where surpassing it will form next main target at 178.60 for the bearish trading.

 

While breaching the mentioned barrier and holding above it will increase the chances of resuming the main bullish trend, to expect recording extra gains by its rally towards 182.30 and 183.05.

 

The expected trading range for today is between 179.30 and 181.10

 

Trend forecast: Bearish