The EURJPY pair activated with negative pressure yesterday, forming a sharp decline to surpass the previously suggested negative stations, resuming the bearish trend by reaching 182.50.

 

We expect forming negative attempts in the current trading, to target 182.10 level then attempts to press on the support near 181.35, while regaining the bullish trend requires forming a strong bullish rebound, to settle above 184.30 level.

 

The expected trading range for today is between 181.35 and 183.90

 

Trend forecast: Bearish