The EURJPY pair reached 171.10 level, then formed some mixed trading, to keep its negative stability below 172.00 level, forming extra barrier against the bearish correctional attempts.

 

The continuation of providing negative momentum by stochastic confirms the price readiness to form more of the bearish correctional trading, to keep waiting for attacking 170.40 level, then attempts to break the barrier at 169.80 to resume the attempts of gathering the gains in the near and medium period.

 

The expected trading range for today is between 170.45 and 172.10

 

Trend forecast: Bearish