Note

EUR/JPY

kennyp
· Views 2,238

The EUR/JPY has come down to 122.40, signaling a drop under its 100 day MA for the first time since May. 


Stay tuned for the below releases out from Europe this week:

·       Eurozone Unemployment Rate on Thursday – will the trend of increasing unemployment rate continue? It was 7.9 % in August.

·       Eurozone Inflation on Friday. 

Edited 28 Sep 2020, 11:15

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Zooni
TheCross in the analysis suggest the price is going to rise! what do you think?
Ranefxx
The price bounced from the resistance zone formed by SMA20 and 124.350 resistance level. We should be ready to get interesting trade opportunities for shorting in the hourly and minutes timeframes.
anhlnster
I dont know abot that which are dominent on the price exchange
John Kicklighter
ECB's Lagarde may play spoilsport by expressing concerns regarding the euro's strength.

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