EURJPY saw some mixed trading yesterday; however, its repeated stability below the barrier at 180.80 confirms the bearish path, with the pair currently slipping toward 179.75. Moreover, the continued alignment of the main indicators in providing negative momentum will increase the chances of resuming the bearish attack, with expectations of renewed pressure on the barrier at 179.45. Breaking below this level would pave the way for additional bearish targets at 178.60 and 177.80, respectively.

 

 

The expected trading range for today is between 178.60 and 180.80

 

Trend forecast: Bearish