Despite the weakness of EURJPY pair’s last trading, its negative stability at 215.80 barrier assist to confirm the previously suggested bearish corrective scenario, confirming that gathering negative momentum is important to ease the mission of reaching 184.80 initially, then attempts to press on 214.30 barrier to find an exit for resuming the decline and reaching the main stations near 183.50 and 182.70.

 

Note that the price rally above the previously mentioned barrier and holding above it will support the chances of forming bullish waves, to attempt to record several gains by its rally towards 186.25 and 186.65.

 

The expected trading range for today is between 184.30 and 185.70

 

Trend forecast: Bearish