EURJPY Pair Analysis Expected Scenario The EURJPY pair returned to provide negative trades by crawling below the bullish channels support line at 164.55. This canceled the chances of regaining the bullish bias, with losses observed as it crawled towards 163.50. Expected Outcome Currently, there's a contradiction between the major indicators, suggesting mixed sideways trades until gathering additional negative momentum.

Expect a crawl below the MA55 at 163.30, followed by targeting negative stations starting at 162.75 and reaching 162.20 in the medium-term period.

Expected Trading Range Between 164.30 support and 163.30 resistance.

Trend Forecast: Bearish