Overview
The EURJPY pair is affected by clear contradiction of the major indicators, to support the domination of the sideways trading and confirm moving between the main levels represented by 114.70 resistance and 113.20 support, thus, the sideways overview will remain valid until the price breaches one of the mentioned levels. Note that attempting to breach the mentioned resistance will push the price to form new bullish bias, targeting 116.30 level first, while breaking the initial support will reinforce the negative pressures and start recording more negative targets by reaching 112.20 followed by 110.70. The expected trading range for today is between 114.70 and 113.20.
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