The EURJPY pair confirmed its surrender to the bearish bias dominance by its stability below 184.20 barrier, forming a sharp decline, achieving all the negative targets by reaching 182.60.

 

confirming the continuation of the negativity in the near and medium trading requires providing new negative close below 183.60 level, to activate with the main indicators negativity, to expect reaching 182.10, while regaining the bullish trend requires forming a strong bullish rally, to settle again above 184.20.

 

The expected trading range for today is between 182.20 and 183.60

 

Trend forecast: Bearish