The EURJPY pair began providing slow negative trading, confirming its surrender to the dominance of the bearish corrective trend, to settle near 186.25 reminding you that the main stability below 187.50 barrier, due to the negative momentum of stochastic supports the chances of resuming the corrective attempts, to keep waiting for reaching 185.65, where breaking it will open the way for suffering extra losses that might extend towards 185.30 and 184.85.

 

Activating the bullish trend requires a strong positive momentum, which allows it to settle above 187.75 level, to begin targeting new positive stations by its rally towards 188.40 reaching 189.20.

 

The expected trading range for today is between 185.65 and 187.1000

 

Trend forecast: Bearish